Royal Mail

A national walkout by postal staff had been planned for the start of this month after most of the CWU’s 155,000 Royal Mail members voted in favour of industrial action. More: continued here

Royal Mail has three days left to avoid strikeThis is MoneyRoyal Mail bosses and the Communication Workers Union are locked in talks this weekend in an attempt to reach agreement by Wednesday to avoid a threatened strike. A national walkout by postal staff had been planned for the start of this month after … More:…

Half a dozen of the City's leading investment banks have been summoned by MPs to an inquiry into the privatisation of Royal Mail, Sky News has learnt. The Business, Innovation and Skills (BIS) Select Committee has contacted the banks in recent days to ask them to attend sessions later this month as it continues its…

Belfast Telegraph Royal Mail shares: MPs summon corporate advisers to explain valuationsBelfast TelegraphA group of the City's best-known corporate advisers has been summoned to appear before a committee of MPs to discuss the price at which Royal Mail was floated on the London Stock Exchange last month.Bankers To Face Royal Mail Grilling By MPsSky NewsMPs…

Telegraph.co.uk How investors in IPOs mostly lose moneyTelegraph.co.ukThe privatisation of Royal Mail captured the imagination of the public – and hundreds of thousands enjoyed a financial boost too, as the shares soared in their early days of trading. Those who kept their initial investment were last week sitting on … More: continued here

Fire has destroyed Dunkeld's Royal Mail Hotel's conference centre in Vic, but not the historic hotel. More: continued here

CITY A.M. (blog) MPs to quiz bankers over Royal Mail valuation rowReuters UKLONDON (Reuters) – British MPs investigating whether the sale of shares in the Royal Mail postal service was correctly valued have summoned bankers from across the City of London to give evidence, a government source said on Friday. An 69 percent rise …MPs summon…

CITY A.M. (blog) Bankers To Face Royal Mail Grilling By MPsSky NewsInsiders said on Friday that Goldman Sachs and UBS, which led the privatisation, would send representatives. Four banks that did not work on the deal but which suggested that Royal Mail could be worth much more than the £3.3bn sale price – Citi …MPs…

British MPs investigating whether the sale of shares in the Royal Mail postal service was correctly valued have summoned bankers from across the City of London to give evidence, a government source said on Friday. Bankers from Citigroup, Deutsche Bank, JP Morgan and Panmure Gordon, none of whom worked on the flotation, have been asked…

Royal Mail warning after postbox thefts in WakefieldWakefield ExpressA Royal Mail spokesperson said: “We can confirm that a number of postboxes in the West Yorkshire area were stolen recently. “We have some 115,000 post boxes around the country and thankfully thefts like these are relatively rare. We urge anyone with …Thieves target post boxes across…