The government hopes to give Royal Mail access to the capital it needs to move on its privatisation plans this financial year, business minister Michael Fallon has said. Fallon said that selling shares in the company will give Royal Mail future access to the finance it needs, but it does not intend to sell the firm “cheaply”. In a speech to the Policy Exchange last night (29 April) Fallon also said an initial public offering (IPO) would be the government’s […]
Royal Mail’s Mark Higson will step down from his role as MD operations and modernisation later this year in a move that will see a number of new roles created.
Royal Mail and the Communication Workers Union (CWU) will appear in court this morning after the postal operator applied for a High Court injunction to prevent its employees from striking.
Proposals for an independent Scotland include a promise to renationalise the Royal Mail, examine a fuel duty regulator and streamline government services including Vosa.