UK Royal Mail

Osborne Wants To Privatise Another Profitable Public Service

The Huffington Post UK | Asa Bennett | Posted 13.10.2014 | UK Politics

George Osborne has launched the coalition's bid to sell off Britain's 40% stake in Eurostar, sparking criticism as the publicly-owned rail service is ...

Royal Mail Is Really Struggling To Deliver

The Huffington Post/PA | Posted 22.07.2014 | UK Politics

Royal Mail shares have fallen to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competi...

Why Is Royal Mail In Trouble With The French?

The Huffington Post/PA | Posted 16.07.2014 | UK Politics

Royal Mail is facing a fine estimated by analysts at up to £160 million after it announced that its loss-making French parcels operation is being inv...

Taxpayers Lose Out On £1 Billion Over Royal Mail Sale

PA/Huffington Post UK | Posted 10.07.2014 | UK

Taxpayers have lost £1 billion over the privatisation of Royal Mail because the Government underestimated demand for shares, a committee of MPs has r...

Newly-Privatised Royal Mail Delivers Massive Profits Rise

The Huffington Post UK/PA | Posted 22.05.2014 | UK

Royal Mail has announced a rise in annual profits after revenues growth from parcel deliveries more than offset a further decline in letter volumes. ...

'Thatcher Would Be Turning In Her Grave Over Royal Mail Sale'

The Huffington Post UK | Asa Bennett | Posted 30.04.2014 | UK Politics

Royal Mail's controversial privatisation would have Margaret Thatcher "turning in her grave" as the business' shares went to a "masonic lodge" of City...

Cable Finally Reveals The 'Priority' Royal Mail Investors

The Huffington Post UK | Asa Bennett | Posted 30.04.2014 | UK Politics

Royal Mail's "priority investors", who were given privileged access to shares in the controversial stock market flotation last October, have finally b...

Cable Admits Royal Mail Sale May Not Got Best Value For Taxpayer

The Huffington Post UK | Asa Bennett | Posted 29.04.2014 | UK Politics

Vince Cable has admitted that Royal Mail's controversial stock market flotation may not have got the "maximum value" for the taxpayer, as MPs accused ...

Why Won't City Watchdog Probe The Royal Mail Privatisation?

The Huffington Post UK | Asa Bennett | Posted 28.04.2014 | UK Politics

Royal Mail's controversial privatisation will not be probed by the Financial Conduct Authority, despite its cheap valuation meaning that the taxpayer ...

Chuka Demands Answers Over Royal Mail 'Fire Sale'

The Huffington Post/PA | Posted 02.04.2014 | UK Politics

Vince Cable has come under pressure to explain a number of "unanswered" questions over the government's controversial part-privatisation of Royal Mail...

Asa Bennett

4 Shocking Things Royal Mail Has Done Post-Privatisation

HuffingtonPost.com | Asa Bennett | Posted 25.03.2014 | UK Politics

Royal Mail's announcement that 1,600 jobs would be cut as part of a cost cutting drive shocked the unions, which branded the move "ruthless". The n...

Newly-Privatised Royal Mail To Axe 1,600 Jobs

The Huffington Post UK | Asa Bennett | Posted 25.03.2014 | UK

Royal Mail has unveiled plans to cut 1,600 jobs as part of a drive to save £50 million a year in costs, in a move that postal workers unions warned c...

Royal Mail Was Undersold By HOW Much?

The Huffington Post UK | Asa Bennett | Posted 07.02.2014 | UK Politics

Vince Cable is facing further accusations of selling Royal Mail "on the cheap" after it emerged that 21 City banks estimated its sale could have been ...

Does Royal Mail's £1.5m-A-Year Boss Need A Pay Rise?

The Huffington Post UK | Asa Bennett | Posted 25.01.2014 | UK

Royal Mail chief executive Moya Greene, who is on a £1.5m pay packet, must be paid more in order to keep her in the job, according to the business' c...

Royal Mail Joins The Stock Market Elite

The Huffington Post UK | Asa Bennett | Posted 23.12.2013 | UK Politics

Royal Mail has joined the FTSE 100 index of top companies listed on the stock market today as its share value has nearly doubled since privatisation. ...

MPs Warn Of 'The Great Royal Mail Robbery'

The Huffington Post UK | Asa Bennett | Posted 27.11.2013 | UK

Vince Cable's decision to hire Goldman Sachs to advise on pricing Royal Mail for its stock market entry came under fire from MPs, who compared it to g...

UK Debt Soars To Record High

The Huffington Post UK | Asa Bennett | Posted 21.11.2013 | UK Politics

George Osborne has received a well-timed political boost in the run up to next month's Autumn Statement as official figures showed that Britain's defi...

Royal Mail Sale Has Left You Out Of Pocket, Warns Tory MP

The Huffington Post UK | Asa Bennett | Posted 20.11.2013 | UK Politics

The Royal Mail's controversial privatisation has ended up costing the taxpayers money, a Tory MP has warned, as it was undervalued by the banks before...

Posties Demand Vince Resigns For Royal Mail 'Conspiracy'

The Huffington Post | Asa Bennett | Posted 24.10.2013 | UK Politics

Vince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead ...

Royal Mail Shares Continue To Deliver

PA/The Huffington Post UK | Posted 15.12.2013 | UK Politics

Royal Mail delivered more strong gains for shareholders today as formal trading started on the London Stock Exchange. Shares gained another 15p, or...

Investors Rush To Get 'Absolute Bargain' Royal Mail Shares

The Huffington Post UK | Asa Bennett | Posted 07.10.2013 | UK Politics

Investors have been rushing to get "cheap" Royal Mail shares before its stock market flotation in such numbers that City analysts expect the business'...

Privatised Royal Mail Could Make BILLIONS Flogging Off Property

The Huffington Post UK | Asa Bennett | Posted 04.10.2013 | UK

Ministers have been accused of rushing to sell Royal Mail "on the cheap" as the firm is set to rake in billions from selling a number of mail centres ...

Royal Mail Chief Blames £1.5m Package On 'Broken' Pay System

The Huffington Post UK | Asa Bennett | Posted 27.08.2013 | UK

Royal Mail chief executive Moya Greene has admitted to being "deeply offended" by criticism of her £1.5 million pay packet, blaming it on the "hopele...

'Royal Mail Sale Is Daylight Robbery'

The Huffington Post UK | Asa Bennett | Posted 22.08.2013 | UK

Labour has launched a campaign against the Government's controversial plan to privatise the Royal Mail, branding the move "dangerous" as opposition mo...