The Business Secretary will announce plans for one of the biggest UK privatisations in decades when he makes a statement on the future of the Royal Mail later. Vince Cable will tell the House of Commons … More: continued here
A hope for the new White Flint post officeGazette.Net: Maryland Community News OnlineWith regard to the U.S. Postal Service plan to find a new location for the White Flint post office published June 26 [“White Flint post office to get a new home”], I hope that the new office has extended evening and Sunday retail…
Business Secretary Vince Cable will today fire the starting gun on a deal worth up to £3billion which will eventually see the public able to buy shares in the former monopoly. More: continued here
Royal Mail float has the Fallon stamp of approvalTelegraph.co.ukThe news comes as Business Secretary Vince Cable gives a formal indication today that the Government wants to float Royal Mail on London's stock exchange. However he will stop short of an official intention to float declaration, which would trigger a … More: continued here
Royal Mail share flotation details set to be announcedRadio 1The Business Secretary, Vince Cable, will tell MPs that the government is to press ahead with its plan for a share flotation, possibly by the autumn. It has already been confirmed that 10% of the shares will be offered at discounted rates to Royal Mail… More:…
A Portland man’s daughter surprised her old man by buying him a car on eBay. Making the gift even more shocking is the fact that little Sorella Stoute is just a year old. More: continued here
The Guardian Royal Mail Privatisation Plans To Be UnveiledSky NewsRobert Hammond, director of post and market analysis at Consumer Focus, told Sky News: "I would hope that a privatised Royal Mail would be looking to expand on their products and services, and to make those services ready for 21st century consumers.".Royal Mail stock market flotation…
Postmen to get free shares in £3bn sale of Royal Mail: Cable to start process …Daily MailRoyal Mail will be floated on the stock market within the next year, ending its 378-year history as a state-owned business. Business Secretary Vince Cable will today fire the starting gun on a deal worth up to £3billion which…
Royal Mail staff to get shares worth up to 300 million pounds in IPO – reportReuters UK(Reuters) – Royal Mail employees will get shares that could be worth as much as 300 million pounds as part of the British government's plans to list the state postal operator, Sky News reported, in what would be Britain's…
Postal-service staff reductions cut into customer serviceOrlando SentinelIf it seems you're waiting longer at the post office these days, it's probably not your imagination. A wave of nearly 800 early retirements this year locally has many local branches making do with fewer clerks. The staff reductions are part of the U.S … More: continued here