Royal Mail: First-class sale or dead letter?
As the Royal Mail share-buying hysteria finally subsides, Louise Armitstead looks at the path to privatisation More: continued here
As the Royal Mail share-buying hysteria finally subsides, Louise Armitstead looks at the path to privatisation More: continued here
We explain the key points on the controversial allocation of shares, how trading will begin and when to sell. More: continued here
RT (blog) A right royal rip-off – What the Royal Mail privatisation tells us about …RT (blog)By privatising the Royal Mail, our coalition government has shown that it does not care a jot for our national heritage, or the devastating impact the sell-off will have on remote rural communities, or how the elderly and the…
UK's Royal Mail soars on stock market debutUSA TODAYLONDON (AP) — Shares in newly-privatized Royal Mail soared on their stock market debut Friday, bolstering criticism that the company — which traces its five-century history back to King Henry VIII — was undervalued by the British government. The … More: continued here
Royal Mail'frenzy' as shares hit marketExpress.co.ukA statement on brokers Hargreaves Lansdown's website read: “The Royal Mail Share Offer has created unprecedented interest, we are extremely busy, and some clients are experiencing a delay when they try to log in.” Investment funds drove the buying … More: continued here
Daily Mail Ed Miliband condemns 'fire sale of a great institution' at knock-down priceDaily MailMore than 100million Royal Mail shares were traded within 60 minutes of the former monopoly floating on the stockmarket yesterday. Their price jumped instantly from £3.30, the sale price set by ministers, to £4.50, allowing critics to say the … More:…
A 38 percent increase reignites criticism that the government sold a majority of Britain’s main postal service too cheaply. More: continued here
Telegraph.co.uk Buying frenzy could make Royal Mail sell-off most successful everTelegraph.co.ukBy the market close on Friday, Royal Mail's share price had risen 38 per cent from 330p to 455p — beating first-day gains by both British Telecom and Railtrack. The jump in the Royal Mail share price meant 690,000 retail investors saw their £749.10 ……
The Guardian (blog) Just what the privatisation of Royal Mail will deliver remains to be seenThe Guardian (blog)The parallel with the Royal Mail is not exact, of course. The state is retaining a 30% stake for the time being, and it would not be sensible for a government to try to scrape every last penny…
Telegraph.co.uk Rocketing Royal Mail triggers row over cheap saleTelegraph.co.ukBen Harris-Quinney, chairman of conservative think tank, the Bow Group, said: “It should now be clear to even the staunchest supporters of the government's flotation of Royal Mail that the company has been significantly undervalued.” Business Secretary … More: continued here