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Britain to unveil Royal Mail privatization plans: report

LONDON (Reuters) – Britain will push ahead with its biggest privatization in decades when it unveils plans for a 2.5 billion pound ($3.7 billion) stock listing of state postal operator Royal Mail this week, Sky News reported. Business Minister Michael Fallon is expected to disclose the news in a statement …

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Royal Mail in Peterborough wildcat strike talks – BBC News

Royal Mail in Peterborough wildcat strike talksBBC NewsRoyal Mail said it was fully committed to trying to resolve workers' concerns. The sorting office covers deliveries in the PE1 and PE3 to PE6 postcode areas. Andy Beeby, branch secretary for CWU, said delivery and sorting staff were involved in the strike. …

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Fallon To Unveil £2.5bn Royal Mail Flotation – Sky News

Fallon To Unveil £2.5bn Royal Mail FlotationSky NewsMr Fallon's announcement will end any lingering suggestions that the Government could abandon plans for a flotation of Royal Mail in the face of escalating public hostility from trade unions. The Communication Workers' Union rejected an 8.6pc basic pay … More: continued here

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