Royal Mail

The Government today welcomed European Commission approval of a state aid package for Royal Mail which cuts the company's pensions bills and bolsters restructuring costs with a debt reduction of more than one billion pounds. More: continued here

European Commission approval of Royal Mail aid welcomedThe IndependentThe Government today welcomed European Commission approval of a state aid package for Royal Mail which cuts the company's pensions bills and bolsters restructuring costs with a debt reduction of more than one billion pounds. More: continued here

The Poke Domino's to take over Royal Mail deliveriesThe PokeDelivery News: The Government has announced plans to allow Domino's Pizza to take over postal delivery from the Royal Mail, starting in 2013. “Domino's Pizza has a proven track record for quick, efficient delivery of items across most of the UK,” …

Hastings and St. Leonards Observer Veteran mail man retires from his postHastings and St. Leonards ObserverDAVE Ormerod has hung up his post bag after nearly half a century of delivering mail in 1066 Country. The 65-year-old, of Albany Court in Robertson Terrace, gave 47 years of loyal service to Royal …

A Very British BudgetWall Street Journal (blog)“On the face of it, Osborne has money to spend relative to his targets, with the PSBR [public sector borrowing requirement] undershooting by £7 billion last year and some cash coming in from the transfer of the Royal Mail pension fund,” said Lloyds …and …

The nationalisation of the Royal Mail's pension scheme has been approved by the European Commission. More: continued here

* EU Commission approves pension revamp, debt restructure * Boosts government plans for Royal Mail privatisation * Decision welcomed by CWU, privatisation opposed LONDON, March 21 (Reuters) – Privatisation … More: continued here

European Union anti-trust regulators on Wednesday approved British government plans to provide pension relief and slash the debt of Royal Mail Group as part of its privatisation. More: continued here

stv.tv Post and Royal Mail jackets stolen from postman's carstv.tvA bag of post and two Royal Mail jackets have been stolen from a postman's car. The vehicle was parked on West Pilton Avenue in Edinburgh between 11.30am and 12.45pm on Tuesday. When the 34-year-old returned he found it had been …

Bloomberg Gilt Sales to Climb Next Year as Osborne Fiscal Targets at RiskSan Francisco ChronicleRoyal Mail Gilts have lagged behind US Treasuries, German bonds and Japanese debt this year, losing 3.2 percent, according to indexes compiled by Bloomberg and the European Federation of Financial Analysts Societies. UK bonds returned 17 …