BBC News Royal Mail and HMG's creative accountingBBC News, UKRoyal Mail is a plc with a single shareholder, viz HMG. And our somewhat battered postal service has a massive pension fund that's burdened with a huge and troubling shortfall between assets and liabilities. Because Royal Mail can't afford to fill the …
Read More »Royal Mail sell-off bid to go ahead (Evening Standard)
The Government is pressing ahead with its controversial plans to part-privatise the Royal Mail in the face of opposition from Labour MPs and unions, pledging to use money from the sell-off to modernise the business. More: continued here
Read More »Royal Mail sell-off ploughs ahead (Epolitix via Yahoo! UK & Ireland News)
The government today rejected criticism from MPs that a precise figure was needed for modernisation of the Royal Mail. More: continued here
Read More »Business in brief: Royal Mail; Bramdean Alternatives – Times Online
Business in brief: Royal Mail; Bramdean AlternativesTimes Online, UKPeter Luff, the Conservative chairman of the Commons Business and Enterprise Select Committee, is unhappy with the response by ministers to the committee's concerns about the partial sale of Royal Mail. Pat McFadden, the Postal Services Minister, … More: continued here
Read More »Brown to face MPs' revolt over Royal Mail – Financial Times
Brown to face MPs' revolt over Royal MailFinancial Times, UKBy Jean Eaglesham, Chief Political Correspondent Ministers are willing to cede overall control over the appointment of Royal Mail's chief executive and other key “operational matters” to a minority shareholder in the postal operator, it emerged on … More: continued here
Read More »TNT investors cautious over Royal Mail bid (Mad.co.uk)
Investors in TNT, the Dutch postal group, are recommending caution over plans to take on a major stake in Royal Mail’s profitable parcels arm. More: continued here
Read More »Labour pushes on with Royal Mail sell-off (Morning Star)
THE government pressed ahead yesterday with its unpopular plans to part-privatise the Royal Mail despite fierce opposition from Labour MPs and unions. More: continued here
Read More »Royal Mail pensions deficit ‘to cost taxpayer £12bn’ (Daily Telegraph)
Government is planning to hide the crippling cost of taking on Royal Mail’s deficit a leading pensions expert warned. More: continued here
Read More »Dutch TNT willing to buy Royal Mail's parcels unit – Trading Markets (press release)
stv.tv Dutch TNT willing to buy Royal Mail's parcels unitTrading Markets (press release), CAMay 11, 2009 (M2 EQUITYBITES via COMTEX) — AEOPF | Quote | Chart | News | PowerRating — Dutch express delivery firm TNT (AMS:TNT) plans to acquire the parcels unit of UK Royal Mail, General Logistics Systems, as …
Read More »TNT targets parcels arm in bid for Royal Mail – Telegraph.co.uk
TNT targets parcels arm in bid for Royal MailTelegraph.co.uk, United KingdomTNT, the Dutch postal group, is demanding control of Royal Mail's profitable parcels delivery arm as part of a multi-billion pound proposal that Government ministers insist is crucial to securing the British company's future. … More: continued here
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