Privatisation
Royal mail shares to keep rising as taxpayer loses outShares in Royal Mail closed at a fresh high and are expected to keep on growing as it emerged that JP Morgan advised the government that they could have sold the firm for £10bn. |
Royal Mail share value drops in early tradingShares in Royal Mail fell from 489p to 470p in the first hour of trading on Wednesday, a drop of almost 4 per cent but still 40 per cent up on the initial list price of 330p. |
Royal Mail shares rise 40% on 1st day of tradingShares in Royal Mail jumped from 330p to 450p on the first day of trading following the controversial privatisation. |
Big investors set to lose out in oversubscribed Royal Mail saleFollowing huge demand for Royal Mail shares it is likely that small investors will be given priority over big investors when the Royal Mail shares are allocated. |
Royal Mail shares offer a chance to make a quick profitShares in Royal Mail are to be valued at the upper end of the government's estimate of between 260-330p as demand exceeds supply. |
Royal Mail shares oversubscribed hours after going on saleRoyal Mail shares have been oversubscribed within hours of going on sale as investors rush to be a part of the biggest privatisation deal of the decade. |
Royal Mail moves to secure flotation before strike actionThe UK government has announced that Royal Mail is estimated to be worth £3.3 billion when it launches on the stock market |
Royal Mail to be privatised and workers to get free sharesThe government has set out plans for the privatisation of the Royal Mail in what will be the biggest share sell-off since British Gas with employees to be offered free shares. |
Labour: Royal Mail "fire sale" will not give value to taxpayerShadow business secretary Chuka Umunna claims services are at risk over the government's plans to privatise Royal Mail and says they are only doing it to plug the hole in the public finances. |
FT: Government looking to privatise Royal Mail by next autumnThe Government is considering selling off or floating Royal Mail in 2013 if the postal organisation’s finances keep improving, according to the Financial Times. |
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