Hull Daily Mail MP tells Royal Mail to 'stick it' over Humberside addressYorkshire PostBeverley and Holderness Conservative MP Graham Stuart, who has long campaigned on the issue, said: “A sense of place is important to people in East Yorkshire and it's time that Royal Mail recognised that. “Residents, community leaders and MPs have …MP Graham Stuart…
Mirror.co.uk Bank which sold Royal Mail at cut-price figure CASHED IN AGAIN on £250m …Mirror.co.ukA top bank paid to sell off the Royal Mail cashed in again by brokering deals on £250 million worth of the postal firm's shares, the Mirror can reveal. Goldman Sachs took a fat fee from the Government to advise them…
Bosses from six banks will appear before the Business Select Committee in Parliament today as controversy over the Royal Mail sale continues. Unions claim the taxpayer has lost hundreds of millions of pounds due to an undervaluation. More: continued here
A top bank paid to sell off the Royal Mail cashed in again by brokering deals on £250 million worth of the postal firm’s shares, the Mirror can reveal. More: continued here
Financial News Royal Mail share register in focusFinancial NewsRoyal Mail's share register is likely to be high on the agenda tomorrow when lawmakers quiz the bankers who managed the privatisation of the 497-year-old UK postal operator. Royal Mail share register in focus. Activist hedge fund manager The Children's … More: continued here
Royal Mail share sale increases UK borrowing by 300 mln stgReutersLONDON Nov 19 (Reuters) – The British government's transfer of some Royal Mail shares to staff as part of the postal group's privatisation added 300 million pounds ($483 million) to public borrowing last month, the Office for National Statistics said … More: continued here
IBTimes.co.uk Royal Mail share sale will not help UK to hit budget target – ONSReuters UKLONDON (Reuters) – The British government's sale of 2 billion pounds ($3.22 billion) of shares in Royal Mail last month will not count towards a key budget deficit reduction target, the country's statistics agency ruled on Tuesday. In a move…
Royal Mail PLC : Royal Mail share sale increases UK borrowing by 300 million …4-traders (press release)The government's transfer of some Royal Mail shares to staff as part of the postal group's privatisation added 300 million pounds ($483 million) to public borrowing last month, the Office for National Statistics said on Tuesday. In a statement…
* Statisticians rule sale will not aid budget target LONDON, Nov 19 (Reuters) – The British government's sale of 2 billion pounds ($3.22 billion) of shares in Royal Mail (LSE: RMG.L – news) last month will not count towards a key budget deficit reduction target, the country's statistics agency ruled on Tuesday. The news risks…
The Government has been urged to withhold any more payments to banks which advised the Government on its controversial privatisation of the Royal Mail amid continuing complaints that the taxpayer has lost hundreds of millions of pounds over the sell off. More: continued here