Royal Mail

Investors in TNT warn on Royal Mail dealFinancial Times, UKBy Jeremy Lemer and Jim Pickard The fraught efforts to part-privatise Royal Mail encountered further difficulties yesterday after investors in TNT, the frontrunner to buy a stake in Britain's state-owned postal operator, cautioned against the move. … More: continued here

England’s Royal Mail plans to phase out thousands of bicycles and replace them with delivery vans, officials said. The bikes now used will be shipped by charities to Africa. More: continued here

BUSINESS Secretary Lord Mandelson has lifted a phrase from Tory grandee Margaret Thatcher to show his determination to part-privatise Royal Mail. “I am definitely not for turning on the legislation,” he said in a BBC Scotland interview. More: continued here

Pressure is mounting on the prime minister to back down on controversial proposals to part-privatise Royal Mail following reports that up to 120 Labour MPs — half of the backbench party — are set to sign a letter this week demanding Gordon Brown reconsider his plans. More: continued here

TNT the Dutch postal group is demanding control of Royal Mail’s profitable parcels delivery arm as part of a multibillion pound proposal that Government ministers insist is crucial to securing the British company’s future. More: continued here

Gordon Brown’s mounting difficulties over cabinet disloyalty and expenses deepened last night as David Cameron warned that he is ready to join Labour rebels and defeat the Government over part-privatisation of the Royal Mail. More: continued here

stv.tv Loyal to mailSunday People, UKGordon Brown, who looks as forlorn as a lost parcel in a sorting office, is grappling with the future of Royal Mail which is floundering under new debts and old procedures. As it turns out, Royal Mail could be the rock on which he founders, …UK …

The business secretary, Lord Mandelson, says he is “not for turning” on controversial plans to part-privatise Royal Mail. More: continued here

The country needs Brown – Mandelsonguardian.co.uk, UKTouching on the Royal Bank of Scotland situation, Lord Mandelson said the bank needs to put in place a long term strategy to reconfigure and focus what it is doing. He said he regrets the pay off of the bank's Deputy chief executive Gordon Pell, …

The Government is planning to hide the crippling cost to the taxpayer of taking on Royal Mail’s pension deficit which could be double the published £6bn figure under proposals to reshape the postal group a leading pensions expert has warned. More: continued here