Royal Mail

Jan. 14 (Bloomberg) — At least 71 lawmakers from Prime Minister Gordon Brown ’s Labour Party called for the U.K. government to reject plans to sell a minority stake in the state-owned postal service Royal Mail Group Plc. More: continued here

National Post Canada Stocks Fall on US Retail Sales Drop, Nortel BankruptcyBloomberg –7 hours agoMajor lenders include Royal Bank, among others, the Globe and Mail reported today. The shares, which have lost 97 percent of their value in a year, …Video: Money Minute: Nortel, Lehman DubaiAssociatedPressNortel Files for Chapter 11 Bankruptcy …

The Government was on a collision course with Labour MPs today as ministers stood firm over controversial plans to part-privatise the Royal Mail despite opposition from a growing number of backbenchers. More: continued here

Business Secretary Peter Mandelson has sought to head off a revolt by Labour MPs over the part-privatisation of the Royal Mail with a hint of a new light-touch regulatory regime. More: continued here

Plans to selloff part of the Royal Mail will be put to Parliament despite the threat of a rebellion by Labour backbenchers MPs have been told by the Business Secretary. More: continued here

Lord Mandelson says Royal Mail needs millions for 'gale-force change'Times Online, UK –4 minutes agoLord Mandelson reaffirmed plans to sell a minority stake in Royal Mail to a commercial rival despite growing opposition from Labour backbenchers and the … More: continued here

Business Secretary Peter Mandelson said on Wednesday the government would press ahead with plans to bring an outside investor into the state-owned Royal Mail despite opposition from dissident lawmakers. More: continued here

Gordon Brown is facing the biggest backbench revolt of his leadership over the part-privatisation of Royal Mail. More: continued here

As Labour MPs prepare to rebel against Government plans for the Royal Mail, Lord Mandelson has told Sky News he has “absolutely no intention of privatising” the postal service. More: continued here

The government’s plans to part-privatise Royal Mail could be derailed by Labour backbenchers’ growing rebellion over the postal provider’s future. More: continued here