Royal Mail

The Times (subscription) Scandal-hit banks to send Royal Mail to stock marketThe Times (subscription)Two of the world's biggest — and most controversial — investment banks are to lead the privatisation of the Royal Mail. UBS and Goldman Sachs will be joined by a third bank, Barclays, which has been at …

Financial News: Pensions Woes Haunt Royal Mail as IPO LoomsWall Street JournalThe prospect of new pensions difficulties emerged in a letter sent by Royal Mail to its staff and its trade unions this week and seen by Financial News. In the letter it warned them that the pensions issue is …

Royal Mail to cut benefits despite liability transferProfessional PensionsThe Royal Mail Pension Plan (RMPP) is planning to cap members' pensionable pay increases as costs escalate and privatisation looms, all despite a liability transfer to the government. The RMPP, which supports staff for the Royal Mail and the Post … More: …

The prospect of new pensions difficulties emerged in a letter sent by Royal Mail to its staff and its trade unions this week and seen by Financial News. In the letter it warned them that the pensions issue is not yet solved and they may have to accept curbs on …

Pensions woes return to haunt Royal MailFinancial NewsRoyal Mail Group is facing an extra £300m annual bill from its pensions, one year on from a multi-billion-pound deal that was supposed to have solved its pension issues once and for all ahead of a public listing. The prospect of new pensions …

Banks' fees for Royal Mail deal are competitiveBelfast TelegraphShould we proceed with an IPO and in line with normal IPO practice, 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 …

After more than 15 years in the sorting house, shares in the Royal Mail – which is separate from the Post Office – could finally be available to members of the public. More: continued here

Royal Mail commissions portrait of the Queen for Coronation stampsDesign WeekThis is the first time the Royal Mail has commissioned a portrait of the Queen, and Chilvers says they turned to Nicky Philipps, whose style would complement the other paintings Atelier Works had selected. 1999 Andrew Festing. Chilvers says, 'The …

Telegraph.co.uk Royal Mail sell-offThe GuardianYour report (Goldman Sachs and UBS to lead Royal Mail float, 30 May) stating that banks appointed by the government will receive £30m for their work on the sale of Royal Mail is misleading. We have agreed fees which are competitive compared with …Banks fined over …

Royal Mail prepares for privatisationExpress.co.ukBusiness Minister Michael Fallon said: “Preparations for the sale of shares in Royal Mail continue to build momentum and these appointments represent another important step towards a sale of shares this financial year. “While all options for the sale … More: continued here