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
Read More »Cleeve hit by postal problems – Gloucester Citizen
Cleeve hit by postal problemsGloucester Citizen, UKThe parish council has decided to write to Royal Mail for an explanation of why some parts of Cleeve are getting a late service. Coun Peter Richmond said the service to the village had deteriorated in recent months. "We clearly have a problem with the …
Read More »Investors in TNT warn on Royal Mail deal – Financial Times
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
Read More »Royal Mail to replace bikes with vans (redOrbit)
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
Read More »Mandelson takes a leaf out of Thatcher’s book on Royal Mail (Morning Star)
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
Read More »PM over a barrel on Royal Mail privatisation plan (SNP)
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
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