Royal Mail

Royal Mail Sale 'Rush' Fears As Delivery Offices, Mail Centres Could Be SoldHuffington Post UKMinisters have been accused of rushing to sell Royal Mail"on the cheap" as the firm is set to rake in billions from selling a number of mail centres and delivery offices. Members of the Communication Workers …

Privatisation could leave Royal Mail customers trecking miles for their mailLeft Foot ForwardThe privatisation of Royal Mail could leave many customers having to treck miles to collect their mail, as buildings in prime locations are sold to give investors a windfall, according to warnings from Labour. Royal Mail 2 The …

Telegraph.co.uk Ministers accused of selling off Royal Mail too cheaplyFinancial TimesMinisters face accusations that they are selling off Royal Mail more than £1bn too cheaply amid strong demand for the shares, despite signalling that the stock will be priced near the top of the expected range. Bankers handling the sale …

Grey market trading now suggests 368p a share, above the initial estimate of 260p to 330p, after bosses confirmed property sale proceeds would not go to the pension fund.         More: continued here

Ministers have been accused of rushing to sell Royal Mail "on the cheap" as the firm is set to rake in billions from selling a number of mail centres and delivery offices. Members of the Communication Workers Union are currently voting on whether to strike over issues linked to the …

The sale of the postal service, which potentially values it at up to £3.3billion, is now expected to price between 300 and 330p per share. More: continued here

Derby Telegraph Royal Mail strike ballot extended as Ministers press on with sell-offDerby TelegraphIt is selling off at least 41% of its stake in Royal Mail, which, together with giving away 10% to employees, means it will no longer own the majority. As part of the privatisation, Royal Mail would …

UPDATE 1-Royal Mail to price sale at upper end of range-sourcesReuters UKLONDON Oct 4 (Reuters) – Britain is set to price the sale of its Royal Mail postal service towards the upper end of its original range, two sources close to the deal said on Friday, potentially valuing the company …

CWU says strikes are likely if its members vote for industrial action over the sell-off. More: continued here

Royal Mail bosses have confirmed that the company's pension fund would not claim money from the sale of disused sorting offices, worth £500m.         More: continued here