DJ 2nd UPDATE: UK Govt To Invest In HBOS, Lloyds Only If MergedTrading Markets (press release), CA –1 hour agoMandelson was also asked about a report in the Financial Times that he was in favor of the partial privatization of Royal Mail. … More: continued here
Read More »Mandelson returns to Royal Mail privatisation plan (PrintWeek)
Lord Mandelson has resurrected his call for the partial privatisation of Royal Mail, 10 years on from his initial proposed restructure. More: continued here
Read More »Brace yourself if you have a LIBOR-linked ARM (USA Today)
The London Interbank Offered Rate, or LIBOR, sounds like one of those funny British idiosyncrasies, like warm beer or the royal family. But if you have an adjustable-rate mortgage or a student loan tied to the LIBOR, you will not be amused by what’s been happening to this index in …
Read More »Canada Must Keep Banks Competitive, Royal Bank’s Stymiest Says (Bloomberg)
Oct. 20 (Bloomberg) — Canada must ensure its banks don’t become uncompetitive as other nations offer their lenders guarantees and bailouts amid a global financial crisis, Royal Bank of Canada Chief Operating Officer Barbara Stymiest said. More: continued here
Read More »Outcry over looming Royal Mail sale – This is Money
This is Money Outcry over looming Royal Mail saleThis is Money, UK –3 minutes agoLord Mandelson is backing a sell-off of the Royal Mail, putting him on a collision course with Labour MPs. The Business Secretary said yesterday he was … More: continued here
Read More »Mandelson faces employment rights and Royal Mail battles (The Herald)
New Business Secretary Peter Mandelson was embroiled in controversy on two fronts last night over the future of the Royal Mail and whether planned employment rights, including family-friendly reforms, will go ahead. More: continued here
Read More »Privatisation of Post Office mad, says MP – Aberdeen Press and Journal
Privatisation of Post Office mad, says MPAberdeen Press and Journal, UK –4 minutes agoAngus MP Mike Weir, the party’s business spokesman at Westminster, lashed out as it became clear that at least part-privatising Royal Mail is at the top of … More: continued here
Read More »Lord Mandelson to face MPs' questions over economy and Royal Mail … – Telegraph.co.uk
Lord Mandelson to face MPs' questions over economy and Royal Mail…Telegraph.co.uk, United Kingdom –4 minutes agoLord Mandelson, is due to face tough questions from MPs over the future of the Royal Mail and whether planned employment rights reforms will go ahead. by … More: continued here
Read More »Peter Mandelson must win his fight to reform Royal Mail – Telegraph.co.uk
Daily Mail Peter Mandelson must win his fight to reform Royal MailTelegraph.co.uk, United Kingdom –4 hours agoIn reality, his plans were blocked by Gordon Brown at the Treasury and a wholly unsatisfactory compromise emerged which saw Royal Mail become an independent …Royal Mail sell-off plan is revivedTimes OnlineRoyal Mail’s partial privatisation backedFinancial …
Read More »Privatising Royal Mail Would Be National Disgrace – Hell Mail
Hell Mail Privatising Royal Mail Would Be National DisgraceHell Mail, UK –7 hours ago“At a time of economic instability the last thing the British public wants to hear is that privatisation is the solution to Royal Mail's problems. …Royal Mail’s “Partner for Growth” campaignTameBayall 2 news articles More: continued here
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