Royal Mail driver hurt as van ends up in ditchThis is CornwallA Royal Mail driver was found unconscious in his vehicle after being involved in a collision on one of the region's major highways. Police and paramedics were called to the scene of the two-vehicle collision on the A38 at Tideford, in South East ……
Government announces selection of Goldman Sachs and UBS to advise on Royal Mail's sale and collect majority of fees Goldman Sachs and UBS will lead a syndicate of banks collecting about £30m from the £3bn privatisation of Royal Mail. The government yesterday announced that it had selected Goldman Sachs, which has been accused of treating…
Revealing the Royal Mail guard's roleThis is SomersetThe latest meeting of Paulton History Society saw Martin Horler's presentation on the role of the Royal Mail guard in the late 18th and early 19th centuries. He started the evening with a flourish by appearing from behind the audience dressed as a … More: continued here
Margareta Pagano: Goldman's role in the Royal Mail sell-off is a red rag to …The IndependentSelling off the Royal Mail is controversial enough without the Government throwing yet more petrol bombs through its letterbox. But that's what ministers have done by selecting three banks most associated with the worst excesses of the financial crash ……
Royal Mail and Post Office to launch click & collect networkThe GrocerAround 10,500 post offices across the UK will take part and Royal Mail and the Post Office hope to extend the service to smaller retailers by 2014. To make it easier for shoppers to pick up their order, over 4,000 of the post offices…
Royal Mail Flotation Banks ConfirmedSky NewsThe Wall Street banking giant Goldman Sachs landed a plum role on Wednesday advising on the £2.5bn flotation of Royal Mail, the biggest British privatisation in decades. The Government confirmation came after Sky News revealed that a syndicate of banks … More: continued here
Royal Mail sale figure incorrectHerald ScotlandShould we proceed with an IPO, these banks will receive a tiny percentage of the amount raised in the share offering, rather than a percentage of the overall market capitalisation of Royal Mail. Royal Mail's market valuation is yet to be determined so … More: continued here
Hemel Gazette Unthinkable? Not privatising Royal MailThe Guardian… return for hefty fees (even if business minister Michael Fallon considers £30m "speculation", his letter to this paper yesterday did not rule out the sum); provision has been made for postal workers to enjoy a £300m stake; and the Royal Mail's …Postal worker warns six-day service is…
The traditional reason for flogging the service was that it was a financial basket case. Not any more If ministers get their way, our postal services will be sold off within a year. Details of the privatisation are taking shape: Goldman Sachs and UBS will be in charge of a consortium of investment banks providing…
This is Money Q&A: Royal Mail'click and collect' – how will it work?This is MoneyHow much will it cost? A spokesman for Royal Mail said that it will not be adding any extra cost onto retailers as it already charges businesses a fee to deliver their items. So, in theory, it shouldn't be more expensive…