Royal Mail

Business secretary says postal service sell-off will not threaten universal service obligation to deliver to 29 million UK homes The Royal Mail’s duty to deliver to all 29 million homes in the UK will survive privatisation, the government has said, as it unveiled plans for the most significant state sell-off …

Postal Workers to Get Shares in Private Royal MailABC NewsThe British government will lay out plans to privatize the Royal Mail in a 3 billion pounds ($4.5 billion) share offering that will see tens of thousands of workers get a stake in the company. Business minister Michael Fallon told the …

By Neil Maidment and William James LONDON (Reuters) – Britain will list a majority stake in the Royal Mail postal service on the stock market in the next nine months, promising free shares for workers fiercely opposed to the country’s biggest privatisation in around 20 years. Analysts expect the initial …

The Royal Mail sell-off plan is daylight robbery of our postal serviceThe GuardianThis wretched government is now selling off Royal Mail, with the aid of a syndicate of banks headed by those well-known guarantors of the public interest, Goldman Sachs and UBS. The financiers will take home around £30m; over …

Business Secretary Vince Cable has confirmed the British government will sell Royal Mail through a flotation on the London Stock Exchange. More: continued here

LONDON (AP) — The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK — from the Scilly Isles to Scotland. More: continued here

Royal Mail staff will get free shares under the Government’s plans for the privatisation of the service, despite strong opposition to the sell-off among the workforce. The Business Secretary Vince Cable … More: continued here

Vince Cable set to present details of £3bn Royal Mail sell-offFinancial TimesRoyal Mail is “ready” to be sold off, the business minister said on Wednesday morning, kicking off the largest privatisation for two decades. Michael Fallon said the state-owned delivery service needed access to private capital to invest as it …

The government on Wednesday announced plans to privatise more than half of Royal Mail following a major restructuring in recent years triggered by a surge in email use. More: continued here

Privatisation: The latest twist in Royal Mail's historyITV NewsHenry VIII actor Ellis Pike poses with a blown-up version of the 1st class stamp. Photo: David Parry/PA Archive/Press Association Images. A plan to privatise the Royal Mail, which will see around 150,000 workers handed shares worth millions of pounds … More: …