Royal Mail

The Coalition Government has been accused of wasting millions of pounds after appointing banks to deal with the planned privatisation of the Royal Mail. More: continued here

Financial News Banking quartet picked to deliver Royal Mail floatFinancial NewsUBS's decision last year to pass up a role advising the UK's Shareholder Executive on the privatisation of Royal Mail, in favour of landing a potential spot on an IPO, was vindicated today as it was named as one of the lead banks on the…

It seems like the Royal Mail has stamped all over the idea of being able to recognise the most famous face in the world. This dodgy portrait of the Queen is featured in a set of six stamps that are available from today. More: continued here

Telegraph.co.uk New portrait of Queen for Royal Mail stamp is ridiculedTelegraph.co.ukAlthough dozens of images of the Queen have featured on UK stamps over the last 60 years, it is the first time Royal Mail has ever commissioned its own portrait. Estelle Lovatt, an art critic and lecturer, said: “It's Thatcher meets Rumpole of the …The…

Business Times (subscription) UK government appoints banks for Royal Mail listingBusiness Times (subscription)[LONDON] The British government has appointed Goldman Sachs and UBS as the lead banks to run a London stock market listing of Royal Mail. The initial public offering (IPO) is expected to take place later this year and could value the state-owned ……

UK government appoints lead banks for Royal Mail listingReuters UKLONDON May 29 (Reuters) – The British government has appointed Goldman Sachs and UBS as the lead banks to run a planned London stock market listing of Royal Mail. The initial public offering is expected to take place later this year and could value the ……

Royal Mail Flotation Banks ConfirmedYahoo! News UKThe 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

A new portrait of the Queen, commissioned by Royal Mail to adorn a stamp marking the 60th anniversary of the Coronation, has been derided by critics who said it looked more like Margaret Thatcher.         More: continued here

Government appoints banks for Royal Mail listingReuters UKMomentum behind privatisation began gathering pace last year after the European Commission cleared the government to take on Royal Mail's hefty pension liabilities and regulators gave the green light for the business to increase prices. Despite fierce … More: continued here

Money Marketing Banks hired to lead £2.5bn Royal Mail IPOMoney MarketingMinisters have appointed Barclays and Goldman Sachs to lead the expected £2.5bn flotation of the Royal Mail this autumn. According to Sky News , the bankers will receive a fraction of their usual fees in exchange for winning the mandate to work on the IPO….