royal mail

This tag is associated with 2 posts

Royal Mail, Tory donors and hedge funds

Do you remember Royal Mail’s “priority investors”, who were given privileged access to shares in the controversial stock market flotation last October? They got shares whilst more than 40,000 individuals who tried to buy shares in the privatisation received nothing at all. Only¬† 30% of the shares made available went to the public, whilst institutional … Continue reading

Royal Mail must be re-nationalised

The British people don’t want the privatisation of the Royal Mail (70% voted against in a Sunday Times poll). There is good reason for this. It was always likely that shares in the Mail would¬† be sold too cheaply (as with previous privatisations), leaving taxpayers feeling cheated. Stockbrokers Panmure Gordon said the Royal Mail could … Continue reading

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