Royal Mail

Royal mail privatisation – taxpayer, prepare to be ripped off (again)!Left Foot ForwardInstead we are told that the one and only way Royal Mail can survive is for it to be sold off. What's more, ministers threaten that if anyone takes serious steps to oppose a public sale, then the …

Scotsman Comment: Royal Mail sales battle | M&S puzzleScotsmanBoth the UK government and Royal Mail management have accepted that, in the modern era, faced with electronic means of communication and European competition rulings, the status quo is no longer tenable. Royal Mail requires access to external capital … More: continued …

Royal Mail profit soars after stamp riseExpress.co.ukWith costs rising, there is a real danger letters could become a thing of the past.” Royal Mail chief executive Moya Greene said: “Our strategy is delivering.” Experts said the strong performance will encourage the Government to privatise Royal Mail… More: continued here

Royal Mail hurtling towards multi-billion pound stock market float after …This is MoneyRoyal Mail is hurtling towards a multi-billion pound stock market float after reporting soaring profits and revenues. The postal service made £9.3bn in sales last year, and pre-tax profits rose 61 per cent to £324m. Ministers want to …

Simon English: Politics will decide Royal Mail float priceThe IndependentOn this occasion, it would be electorally bad for the Tories if Royal Mail shares are sold at what turns out to be the top of the market, and crash in the run-up to election day. So the bankers may be …

Daily Mail Royal Mail boss: Treat junk mail with respect (as it helps profits rise by 60%)Daily MailAlthough most of it ends up in the bin, postmen should still treat junk mail with 'utter respect', the head of the Royal Mail said yesterday. Announcing a 60 per cent increase in …

Royal Mail boss claims privatisation is the only way service can thriveMirror.co.ukTHE boss of the Royal Mail claims privatising the postal giant is the only way it can thrive. Moya Greene said a sell-off was vital to attract investment. She told the Daily Mirror: “If we do not grow, it …

This is Money Royal Mail reveals profits of £440m paving way for £3bn stock market …This is MoneyRoyal Mail unveiled a big jump in profits to £440million today as it took another step towards privatisation and a £3billion stock market flotation later this year. The result for the year to …

The Guardian (blog) Just because Royal Mail is in a fit state to be sold doesn't mean it should beThe Guardian (blog)Royal Mail's full-year profit numbers were intended to be read as the first draft of a flotation prospectus. Chief executive Moya Greene was in full warm-up mode. "Our strategy …

Royal Mail chief Moya Greene delivers improved profitsFinancial TimesThis is quite a year for Canadians in London. Just before Mark Carney arrives to head the Bank of England in July, Moya Greene, chief executive of Royal Mail since 2010, announced improved profits on Monday that clear the way for privatisation …