Royal Mail's shares to hit £6 next year
Critics say it is now clear the price was far too low and that the taxpayer has lost out on millions as a result. More: continued here
Critics say it is now clear the price was far too low and that the taxpayer has lost out on millions as a result. More: continued here
The Guardian Christmas delivery dates: how to mail your cards and gifts post hasteThe GuardianYou can calculate the cost of sending larger items, based on their size and weight, at the Royal Mail's online Price Finder service. Prices to send parcels in the UK start from £2.60 second class, due to arrive in two to…
Royal Mail misses first-class targets in parts of Black Countryexpressandstar.comThe news followed a warning last week by the industry regulator Ofcom that Royal Mail could be fined after missing its targets for the year to March. Ofcom said it will consider opening a formal investigation which could result in enforcement action … More: continued here
IBTimes.co.uk Royal Mail shares: Goldman Sachs sets 610p targetThe Week UK“In its research note,” the International Business Times reports, “Goldman said it thinks Royal Mail's heavy exposure to the high-growth parcels market, the firm's existing core network across the UK … and the potential for productivity improvements …Royal Mail Shares: Goldman Sachs Sets 610p Target…
UK says last-minute price hike would have risked Royal Mail saleReutersLast month's Royal Mail selloff has grabbed headlines, with unions and opposition lawmakers criticizing the government for potentially short-changing the taxpayer after shares in the firm rocketed by as much as 80 percent after flotation. "Had we … More: continued here
IBTimes.co.uk Royal Mail Shares: Vince Cable Advised 'Very Unwise' to Push 330p Offer Price …IBTimes.co.ukBusiness secretary Vince Cable insisted he was given "very clear and unambiguous advice" that pushing Royal Mail's offer price higher than 330p would be "very unwise" because it ran the risk of target long-term institutional investors walking away from … More:…
IBTimes.co.uk Royal Mail Shares: Goldman Sachs Sets 610p Target Price Despite 330p IPO …IBTimes.co.ukGoldman Sachs analysts have set a 610p target price on Royal Mail shares, despite the US investment banking giant having advised the UK government on setting a controversial offer price of 330p ahead of its flotation onto the London Stock Exchange.Goldman Sachs'…
Questor share tip: Royal Mail on track for incomeTelegraph.co.ukQUESTOR was an early backer of the Royal Mail flotation as we encouraged people to apply for shares that have since soared by more than 70pc. Crucially we also said investors should hold the shares for the long term and this maiden set of results as a ……
The Independent Vince Cable defends Royal Mail float price before MPs after profits doubleThe IndependentThe Business Secretary survived a grilling by MPs on the day that Royal Mail announced that its operating profits almost doubled to £283m for the six months to the end of September 29 from £144m a year earlier. Its first set…
Did banks 'con' Cable over Royal Mail sale? Business minister tells MPs that …Daily MailBanks 'conned' ministers into setting the Royal Mail share price too low – causing the taxpayer to lose out on millions, MPs were told yesterday. They threatened to 'walk away' from the sale if the shares were sold for more than…