Royal Mail

One of the City’s leading fund management executives is backing a £3bn flotation of Royal Mail on the eve of a Government update on plans to privatise the postal operator. More: continued here

MANAGERS have had to go out and deliver the post after workers at the Royal Mail office in Basingstoke took action over “unrealistic workloads”. More: continued here

Evening Standard UK Said to Announce Public Offering of Royal Mail TomorrowBloombergThe sale of Royal Mail will be the largest privatization in Britain since former Prime Minister John Major broke up the country's railway in the 1990s. The 360-year-old company, one of the nation's biggest employers with about 159,000 staff, has sought …Online sales prop…

Postal workers in Basingstoke take action over 'unrealistic workloads'Basingstoke GazetteMANAGERS have had to go out and deliver the post after workers at the Royal Mail office in Basingstoke took action over “unrealistic workloads”. About 200 staff from the delivery office in Priestley Road met with a representative from the Communication … More: continued here

Royal Mail sell-off details to be unveiled this weekCITY A.M.VINCE Cable is expected to announce the next stage in the government's sale of Royal Mail this week, as the coalition pushes ahead with plans to float the postal service for up to £3bn. The business secretary is set to confirm that the biggest … More:…

The Government decided to give equity to Royal Mail staff for free rather than at a discount, Sky News has reported today. More: continued here

Tuesday newspaper round-up: Royal Mail, housing data, AlcoaYour MoneyBusiness Sectretary Vince Cable will announce on Wednesday that the public will be able to buy shares in Royal Mail in the biggest state privatisation for over two decades, The Telegraph reported. New data on the housing market on Tuesday will add … More: continued here

Britain to unveil Royal Mail privatization plans: reportReutersLONDON (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 … More: continued here

UK Said to Announce Public Offering of Royal Mail TomorrowBusinessweekU.K. Business Secretary Vince Cable will tomorrow announce the initial public offering of Royal Mail Group Ltd., with 10 percent of the shares given to staff, according to a person familiar with the plans. Cable is likely to set out the plans to … More: continued…

Telegraph.co.uk Royal Mail Staff To Get Free Shares In SaleSky NewsTens of thousands of Royal Mail staff will receive free shares worth as much as £300m as part of the privatisation of the postal operator, the Government will announce on Wednesday. Sky News can reveal that ministers have decided after months of …In Royal MailTelegraph.co.ukRoyal Mail…