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The government completed the disposal of its shareholding on 12 October 2015, when a 13% stake was sold for £591m and another 1% was given to employees. In total the government raised £3.3bn from the full privatisation of Royal Mail. [4] As of 13 January 2020, Royal Mail shares are trading below the issue price, as they did throughout all of ...
The Louth-London Royal Mail, by Charles Cooper Henderson, 1820 Edinburgh and London Royal Mail, by Jacques-Laurent Agasse Lower Edmonton Royal Mail sorting office, in London The Royal Mail can trace its history back to 1516, when Henry VIII established a "Master of the Posts", [ 8 ] a position that was renamed " Postmaster General " in 1710.
Mr. Tony Benn (Chesterfield): Is the Minister aware that, for 334 years since 1660, the Royal Mail has been a public service, not only through the counters until quite recently, but through the people who called at everybody's house every day, and were a form of contact; that there is no justification for privatisation for commercial freedom ...
Royal Mail, one of the U.K.'s oldest institutions, began in the 1500s as a service exclusively for the monarch and the royal court. It became a public postal service in the 1600s.
Royal Mail owner International Distribution Services (IDS) said it has agreed to a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group.
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Royal Mail was split into three divisions in 1986 [6] and in August 1990, Royal Mail Parcels was rebranded as Parcelforce. In July 1992, the Secretary of State for Trade and Industry , Michael Heseltine , proposed a privatisation of the Parcelforce business.
(Reuters) -Royal Mail said customers splurging online during lockdowns helped profits more than double last year as revenue from parcel deliveries outpaced letters for the first time, but it ...