Almost half a million Royal Mail staff past and present have been warned that their pensions could be halved if the plan to privatise part of the business does not go ahead. More: continued here
Read More »Royal Mail faces pension peril – Metro
Metro Royal Mail faces pension perilMetro, UKThe Royal Mail pension fund deficit is much larger than the £5.9billion thought, it was claimed yesterday. In a letter seen by the BBC, the chair of trustees, Jane Newell, warned the only way to save the fund was by selling part of the business. …
Read More »Fury over Royal Mail sell off (Evening Standard)
The Government faces anger from Labour MPs and union leaders after it was revealed a Bill to sell off part of the Royal Mail is to be introduced into Parliament on Thursday. More: continued here
Read More »Government pushes ahead with Royal Mail sell-off despite Labour rebellion (Daily Mail)
Government pushes ahead with Royal Mail sell-off despite Labour rebellion More: continued here
Read More »Pension warning over postal privatisation bid – guardian.co.uk
Pension warning over postal privatisation bidguardian.co.uk, UKLord Mandelson tonight raised the stakes in the battle over the future of the Royal Mail by releasing a letter from its pension trustees warning that if part privatisation does not go ahead, staff may have to see the value of their pension slashed in …
Read More »Anger brews at move to break up Royal Mail (Independent)
The Government faced anger from Labour MPs and union leaders tonight after it was revealed a Bill to sell off part of the Royal Mail is to be introduced into Parliament on Thursday. More: continued here
Read More »Government to pursue Royal Mail sell-off despite rebellion – Brand Republic
Government to pursue Royal Mail sell-off despite rebellionBrand Republic, UKby Daniel Farey-Jones, Brand Republic 23-Feb-09, 15:25 LONDON – Business secretary Peter Mandelson is to push ahead with legislation allowing private investment in Royal Mail despite 139 MPs signing an early day motion against it. … More: continued here
Read More »Postman in running for Royal Mail community honour – Aberdeen Press and Journal
Postman in running for Royal Mail community honourAberdeen Press and Journal, UKBy Alistair Beaton A NORTH-EAST postman who has won his home town’s stamp of approval by being made citizen of the year is now in the running for a prestigious Royal Mail community honour. Huntly-based Ivan Anderson, 45, switched on …
Read More »Moo's move: opening a US office – guardian.co.uk
Moo's move: opening a US officeguardian.co.uk, UKPrint-on-demand company Moo.com – purveyors of teeny business cards – have long trumpeted their fondness for Britain's Royal Mail, which helps them deliver around the world. And I've written before about them transcending their physical location to act … More: continued here
Read More »Top business stories from the weekend papers – Telegraph.co.uk
Top business stories from the weekend papersTelegraph.co.uk, United KingdomThe governments of Denmark and Sweden are examining a joint bid for a stake in Royal Mail. ITV is set to go cap in hand to shareholders to ask for £300m in the face of plummeting advertising revenues, onerous debt obligations and a …
Read More »