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UK's Royal Mail eyes London property cash boost

LONDON (Reuters) – Britain's Royal Mail said plans to turn over half of its main London sorting office – Mount Pleasant – into a prime residential hub will be submitted next spring, as the group tries to boost its value ahead of a 2014 privatisation. The 12-acre former prison site …

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PRESS DIGEST – British business – May 14 – Reuters

PRESS DIGEST – British business – May 14ReutersThe Times ROYAL MAIL SET TO MAKE PROPERTY CASH Royal Mail is planning to hit the property jackpot with a succession of residential developments in London worth more than 1 billion pounds ($1.61 billion). The Telegraph GERMANS PREPARE EURO BILL FOR UK …and …

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