BRUSSELS, April 8 (Reuters) – British state-owned postal company Royal Mail won approval from European Union antitrust regulators on Wednesday for 1.7 billion pounds in loans from UK authorities and a scheme related to its pension deficit. The European Commission said in a statement that four state measures granted in …
Read More »EU approves Royal Mail state aid as TNT confirms interest in stake (Daily Telegraph)
Royal Mail has been given European Union approval for €1.9bn £1.72bn of state aid that it received from the Government. More: continued here
Read More »Postman who kept 2000 letters given suspended prison sentence – Fenland Today
Postman who kept 2000 letters given suspended prison sentenceFenland Today, UKThe court heard Murray, who had worked for Royal Mail since November 2000, was discovered when the fire brigade was called to his flat after a chip-pan fire broke out. Matthew Maynard, prosecuting, told the court that firefighters spotted bags of …
Read More »EU OKs UK Aid To Royal Mail Between 2001 And 2007 (Nasdaq)
BRUSSELS -(Dow Jones)- The European Commission Wednesday said it has approved four measures the U.K. granted in favor of Royal Mail between 2001 and 2007 for a total of GBP2.55 billion, as they were in line with state aid rules. More: continued here
Read More »EU regulator backs British support for Royal Mail (Eu Business)
(BRUSSELS ) – The European Commission ruled on Wednesday that a series of measures taken by Britain in favour of postal operator Royal Mail did not breach EU state aid legistlation. More: continued here
Read More »EU regulator backs gov’t support for Royal Mail (AFP via Yahoo! News)
The European Commission ruled on Wednesday that a series of measures taken by the government in favour of postal operator Royal Mail did not breach EU state aid legistlation. More: continued here
Read More »TNT sees Q1 opg income at Express, eyes Royal Mail (Reuters via Yahoo! UK & Ireland News)
Dutch mail company TNT NV said on Wednesday it expected its key express delivery unit to post a positive operating income in the first quarter and said it was still eying a deal with Britain’s Royal Mail. More: continued here
Read More »Deutsche Post emerges as ‘potential buyer’ for Royal Mail (PrintWeek)
Partial privatisation of the Royal Mail has moved a step closer after Deutsche Post emerged as the latest possible suitor to take part-control of the postal operator. More: continued here
Read More »Business Post sees boost from Royal Mail changes (Reuters via Yahoo! UK & Ireland News)
Parcel and postal delivery group Business Post could benefit from opportunities arising out of plans to restructure state-owned Royal Mail, CEO Gus Buswell told Reuters on Wednesday. More: continued here
Read More »TNT sees Q1 opg income at Express, eyes Royal Mail – Reuters
Telegraph.co.uk TNT sees Q1 opg income at Express, eyes Royal MailReutersAMSTERDAM, April 8 (Reuters) – Dutch mail company TNT NV (TNT.AS) said on Wednesday it expected its key express delivery unit to post a positive operating income in the first quarter and said it was still eyeing a deal with …
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