The government is to sell its remaining stake in Royal Mail, completing the company’s journey from public-to-private road transport heavyweight. In a statement released today, the chancellor said the sale of the government’s £1.5bn stake in the UK’s largest commercial vehicle operator would start this year, completing the privatisation begun with an Initial Public Offering of shares in October 2013. The government has appointed Rothschild to advise the Department for Business on the sale. “Any transaction will be designed to […]
June 16, 2020 Carol Millett
Clipper Logistics is to replace DHL Supply Chain as Arcadia’s store delivery partner.
November 19, 2014 Ashleigh Wight
Royal Mail has warned for a second time that competition from other carriers, this time Amazon’s own delivery network, will damage its growth prospects.