The Independent Royal Mail to be valued at up to £3.3bnThe IndependentA union communication being sent to CWU members today said: "Those who want to sell off the Royal Mail Group are motivated purely by short-term gain and vested interests. "We cannot give the company a free hand to determine your future and the future…
The Independent Royal Mail worth up to £3.3bn when privatisedThe IndependentThe Department of Business say Royal Mail, which is due to list on the London Stock exchange in October, will be sold for between 260p and 330p a share giving the company a market value of around £2.6bn to £3.3bn. In a statement, Minister of…
Your Local Guardian Post could arrive later in Worcester Park as Royal Mail brings in new routesYour Local GuardianThe Royal Mail is making the changes to the way it delivers post in the KT4 postcode area. Worcester Park people could notice their post arriving later in the day as the Royal Mail makes changes to…
Royal Mail: Priced to go for income-seekersInteractive InvestorGood timing is important in both politics and business. The publication on Friday 27 September of the prospectus for the privatisation of Royal Mail comes just 48 hours before the Conservative Party convenes in Manchester for its annual conference. More: continued here
Telegraph.co.uk Royal Mail: investors eye £500m property windfallTelegraph.co.ukHowever, fund managers expressed caution because of fears that any windfall could be used to plug a shortfall in Royal Mail's pension scheme rather than returned to shareholders or used to invest in the company. Although the pension scheme has been …Post could arrive later in Worcester Park as…
Telegraph.co.uk Royal Mail to float with price tag of up to £3.3bnTelegraph.co.ukThe government plans to sell between 40.1pc and 52.2pc of near 500-year-old Royal Mail and has also agreed to give away 10pc of the company's shares for free to staff. The Treasury said on Friday that Royal Mail would come to market in London…
Royal Mail share price announced, hello strikesTameBayThe Government have announced the sell off of Royal Mail will be at a price of between £2.60 and £3.30 per share, which values Royal Mail between £2.6bn and £3.3bn. It already looks like a state backed Singapore fund could hoover up a large … More: continued here
We are glad that this is making people think of investing again. However, we’d urge investors to consider whether investing in Royal Mail shares is the right move for them – particularly if they are first-time investors. More: continued here
IBTimes.co.uk TNT Post delivers a new challenge to Royal Mail as it launches army of postmen …This is MoneyRoyal Mail will face its first serious commercial challenge outside London after a competitor launched an army of rival postmen. TNT Post will collect letters from businesses, such as bank statements, and deliver them to households across…
Michael Fallon: Setting Royal Mail free to protect a first-class serviceYorkshire PostTHIS year will be one of the most significant in Royal Mail's history. Its iconic red pillar boxes have graced our streets since the 1850s. In that time it has not only become one of Britain's very biggest companies, it has won a special…