Royal Mail

BBC News European Shares Drop, Led by Banks; Lloyds, Rio Tinto DeclineBloombergRoyal Bank of Scotland Group Plc fell 20 percent, while Citigroup slumped 36 percent in New York. Rio Tinto Group and Norsk Hydro ASA retreated more than 3 percent after Goldman Sachs Group Inc. advised investors to sell the …

The Royal Mail has been a British institution since 1635, when King Charles I had the idea of raising money by allowing his subjects to make use of his delivery service on payment of a fee when they received a letter. More: continued here

Business secretary offers concessions to appease Labour rebels The scale of the backlash against Lord Mandelson’s proposals to partly privatise Royal Mail is laid bare today in a warning from Labour’s eight largest unions that the proposals are electorally unpopular, politically unwise and damaging to the postal service. In a …

Labour MPs and trade unions launched a fresh assault on Lord Mandelson’s plans to part-privatise Royal Mail yesterday as the business secretary sought to assure his opponents the organisation will remain publicly owned. More: continued here

Royal Mail pension may become new public schemeIPE.com, UKUK – The Postal Services Bill published this week by the UK government includes provisions for the secretary of state for business and enterprise (BERR) to establish a "new public scheme" into which members of the Royal Mail Pension Plan (RMPP) could … …

Hunter brings bite to the bushBrisbane Times, AustraliaFor the past several months, the tiny, tidy western Victorian village of Dunkeld has been an El Dorado for every gourmand worth his or her salt shaker, as foodies from around the globe find their way to the Royal Mail Hotel to sample the …

guardian.co.uk Mandelson fails to quell rebellion over Royal Mailguardian.co.uk, UKLord Mandelson yesterday began a long campaign to win public support for his plan to overhaul Royal Mail with a private sector partner taking a 30% stake, but failed to immediately assuage his backbench rebels with a host of concessions including …PM …

Unions to ambush Brown over Royal Mail sell-offThis is London, UKGORDON BROWN is facing an ambush from furious Labour and trade union chiefs over Business Secretary Lord Mandelson's "snake-oil salesman" plans to part-privatise Royal Mail. In a clear signal that new concessions on the deal have failed to quell the … …

No going Dutch here as company keeps its Netherlands monopolyguardian.co.uk, UKTNT, the Dutch company that wants to seize a key holding in Royal Mail, has been successfully opposing the opening-up of its own domestic market while campaigning for full competition in Britain. The group has won government backing in the Netherlands …

Royal Mail sell off bid will split LabourMirror.co.uk, UKBy Jason Beattie 27/02/2009 Angry union chiefs yesterday warned Peter Mandelson his bid to sell off part of Royal Mail will split the Labour movement. Along with rebel MPs, they bluntly rejected a string of concessions from the business secretary, … More: continued …