Union leaders have branded Royal Mail’s privatisation a “national disgrace” – one year on. The postal giant floated on the stock market 12 months ago. More: continued here
Read More »Royal Mail settles over French probe – Western Daily Press
Royal Mail settles over French probeWestern Daily PressRoyal Mail is poised to pay a fine of around £12 million after it reached a settlement with competition authorities investigating its loss-making French parcels operations. The group said it had set aside a total of £18 million to include its legal … …
Read More »Royal Mail share price wavers as £18m deal over French fine is struck – CITY A.M.
Royal Mail share price wavers as £18m deal over French fine is struckCITY A.M.In a statement yesterday, Royal Mail said it now expected the fine it faced to be reduced, following the offer to settle before the case concluded. The fine was likely to be announced in the second half …
Read More »Royal Mail IPO share price: One year on – will Vince Cable have the last laugh? – CITY A.M.
CITY A.M. Royal Mail IPO share price: One year on – will Vince Cable have the last laugh?CITY A.M.The pressure on business secretary Vince Cable to admit that the government made a mistake pricing Royal Mail shares at 330p has been steadily building since the company floated a year ago. …
Read More »Royal Mail strikes £18m deal over French fine – CITY A.M.
Royal Mail strikes £18m deal over French fineCITY A.M.In a statement yesterday, Royal Mail said it now expected the fine it faced to be reduced, following the offer to settle before the case concluded. The fine was likely to be announced in the second half of the 2015-16 financial year, …
Read More »Royal Mail Settles French Antitrust Probe – Wall Street Journal
Royal Mail Settles French Antitrust ProbeWall Street JournalRoyal Mail said it had made a provision of £18 million ($29 million), to be taken in its half-year results ended Sept. 28, to cover any fine and associated legal costs. The amount of the potential fine isn't expected to be determined until …
Read More »Royal Mail: Buy, sell, or hold – Interactive Investor
Royal Mail: Buy, sell, or holdInteractive InvestorWhether it's a missing letter, late post, or a lost parcel, everyone has an opinion on Royal Mail (RMG). Since October last year, the financial community has, too. So we've pulled together the views of some of the City's most-respected fund managers … More: …
Read More »Delivering for investors… But Royal Mail is facing stiff competition for … – This is Money
This is Money Delivering for investors… But Royal Mail is facing stiff competition for …This is MoneyAs a description of one of the most anticipated floats of recent times, it was quite an understatement. 'Royal Mail's first year of trading has certainly been eventful,' said Richard Hunter, Hargreaves Lansdown's head …
Read More »Royal Mail takes 18 million sterling provision as part of French settlement – Reuters UK
Reuters UK Royal Mail takes 18 million sterling provision as part of French settlementReuters UKRoyal Mail, which listed on the stock market a year ago, said in July it had received a notice that one of its subsidiaries in France may have breached competition laws, which could result in a …
Read More »Has Royal Mail reason to celebrate its ‘first’ birthday? – BBC News
BBC News Has Royal Mail reason to celebrate its 'first' birthday?BBC NewsFor 30 years politicians toyed with the idea of privatising Royal Mail. This time last year the government finally managed it. But 12 months on from Royal Mail's flotation on the London stock market, questions over the rights and …
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