Royal Mail

Royal Mail sale valuation 'debacle'expressandstar.comThe 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.and more » More: continued here

Reclassification of assets means no impact on public sector deficit from privatisation. More: continued here

The government's transfer of some Royal Mail shares (RMG.L) 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 on how accounting rules applied to the public finances, the …

LONDON (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 borr… More: continued here

The British government's transfer of some Royal Mail (LSE: RMG.L – news) 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 on how accounting rules applied to …

IBTimes.co.uk Royal Mail Shares Sale to Add £300m to Government Borrowing FiguresIBTimes.co.ukRoyal Mail's privatisation will add £300m to the government's borrowing figures for October because the 10% of shares handed to employees counts as a gift from the public to the household sector, said the Office for National Statistics. Moreover, …

Bankers to argue Royal Mail float was transparentCITY A.M.BANKERS summoned to give evidence to the Business Select Committee tomorrow are expected to argue they would have risked the flotation of the Royal Mail collapsing if they had tried to re-price it upwards at the last minute. They will also argue …

Plymouth Herald Royal Mail in Plymouth present £9000 to local charitiesPlymouth HeraldChairman of Royal Mail's local fundraising group, Jeff Maddison, said “The generosity of our staff never ceases to impress. “In addition to the many that donate direct from pay, events take place throughout the year to raise even more …

Plymouth Herald Pasty helps Royal Mail raise £1600 for Children in NeedPlymouth HeraldA giant Children in Need shaped pasty made by Ivor Dewdney was included in the fundraising events. Proceeds from the raffle that included the pasty contributed to the £1,600 raised by all three shifts at the Plymouth MDEC …

Wigan Today Positive talks in postal rowWigan TodayBut progress made during intense negotiations between the union and Royal Mail in the two weeks since industrial action was called off has now led to a seven-day extension of the validity of the industrial action ballot. Both sides say that this is …