Govt Sells Its 15% Stake In Royal Mail

The Government has sold half of its remaining 30% stake in Royal Mail. Around 150 million shares – 15% of the privatised company – have been sold to institutional investors at 500p per share. The sale has raised £750m. The Government is also to give up a further 1% of …

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Defeated Dutch admiral who endured his parole in Croydon

Decisive action: the Battle of Camperdown in October 1797 was regarded as the Royal Navy’s greatest triumph, until Trafalgar SUNDAY SUPPLEMENT: Researching the history of Croydon’s part in the wars fought across Europe and North America in the late 18th and early 19th centuries has taken DAVID MORGAN, right, in …

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Sunday share tips: Centrica, Lancashire Holdings

The Sunday Times’s Lucy Tobin told her readers to book their profits in Centrica and ‘sell’. Yes, the energy outfit had benefitted tremendously from the disruptions brought on by the war in Ukraine. Indeed, it had shifted from net debt of £3bn in 2021 to £2.7bn of net cash. But …

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