Royal Mail

Royal Mail pensions in deficit – againFinancial TimesRoyal Mail's preliminary results, released last week, show the scheme has an accounting surplus of £825m. This has lead John Ralfe, an independent pension consultant, to argue that it should invest purely in assets such as index-linked gilts and long … More: continued …

Telegraph.co.uk Royal Mail leads the Government's great sell-offTelegraph.co.ukWhen the chief executive of Royal Mail first arrived in Britain to discuss taking on the new job she had one very simple request. Change the grotesque spider's web of regulation which tied up the business (every price increase or product change had …

Moya Greene has done an excellent turnaround job. The Government should hurry up and give her a chance on the public markets .         More: continued here

Daily Mail Royal Mail driver stole £230k of parcelsAol MoneyA Royal Mail driver has been jailed for stealing parcels worth almost £230,000. Paul Doughty, 57, from Devon Court, Liverpool, kept much of the cash in a range of bank accounts, as well as buying himself a timeshare in the Canary …

Metro Privatisation plans boosted by Royal Mail's£440m profitsMetroRoyal Mail profits have risen to £440million ahead of a possible stock market flotation later this year. The results for the year to March 31 are more than double the £152million in 2012 – when there was one less trading week. The state-owned …

UK's Royal Mail Said to Seek 1.5 Billion-Pound Loan Before IPOBusinessweekRoyal Mail Group Ltd., the U.K.'s postal service, is in talks with banks to raise 1.5 billion pounds ($2.3 billion) of loans to provide funding before a planned sale of the company's shares, according to three people with knowledge of …

Royal Mail Privatisation – Do We Want This?Huffington Post UK (blog)While letter volumes are in decline, the services provided by Royal Mail are as vital as they have always been. What enables Royal Mail to deliver from Lands End to John O'Groats for a single, affordable price is the massive …

Scotsman Royal Mail tests market for £1.5bn loan ahead of IPOScotsmanBANKS have been asked to gauge market appetite for a £1.5 billion syndicated loan to back the planned privatisation of Royal Mail, according to banking industry sources. A group of about ten banks are looking at the financing, which is …

Royal Mail Float Looms After £440m ProfitsSky NewsChief Executive Moya Greene, who last year returned the core postal business to profitability after four successive years of losses, said it was a strong performance and that the transformation of Royal Mail was under way. The core postal business … More: continued …

No alternative to privatising Royal Mail, insists Vince CableThis is SomersetMr Cable's comments yesterday came as Royal Mail unveiled a big jump in profits to £440 million. The result for the year to March 31 was more than double the £152 million in 2012 – when there was one less …