News

Higher prices for parcels and loads of Christmas cards delivered helped Royal Mail boost revenues by 2 per cent in the past nine months, the recently privatised business reported today.

Union leaders claim the Post Office is preparing to announce a £94 million profit

Royal Mail workers' union threatens strike ballot over jobs and pensions

Around 500 union representatives vote unanimously to press ahead with strike ballot

Wandsworth prison

Prison privatisation won't work: effective, rehabilitating prisons are in all of our interests

The privatisation scramble extends far beyond all of these aspects of our everyday lives, into the critical exercises of the power of the state over individual citizens

Figures suggest that George Osborne is making no headway in bringing down the deficit in 2013/14

Another blow for the Government: Public sector borrowing £500m higher than 2012

There is no sign yet of the improvement in the economy feeding through to the public finances as official figures showed that government borrowing in June was up slightly on the same month in 2012.

What the Sunday Papers said

The Independent on Sunday: Cameron advisor joins US giant 

The Business Matrix: Monday 15 July 2013

Heathrow rules out fourth runway

The public will be able to buy shares through an online retail offer

Banks to earn millions in Royal Mail privatisation

Of the seven City institutions appointed to steer through the IPO, only one is British

Jim Armitage: I really don't care about this second-class post

Outlook Am I the only one who finds it hard to get worked up about the fate of the Royal Mail? The internet means I barely ever use the post.

The Royal Mail privatisation plans include giving 10 per cent of shares to employees

Thousands of Royal Mail staff to receive shares in privatisation plans

Business secretary Vince Cable sets out out key parts of plan to sell off postal service, including giving 10 per cent of shares to employees

The Business Matrix: Tuesday 09 July 2013

Chinese firm buys Lloyd’s building

The Business Matrix: Monday 24 June 2013

Bank bailout  talks to continue

The Mosquito isn’t audible to people over about 25 years of age, but is intensely irritating to people under that age

Sonic youth: The high-pitched sound alarm for under 25s

Is Mosquito, the high-pitched alarm only under-25s can hear, a blessing or a bane? Jamie Merrill sounds it out

Sir George Buckley to chair FTSE 100 engineer Smiths Group

Sir George Buckley, the British industrialist who until last year headed the US conglomerate 3M, will return to the UK corporate spotlight as the new chairman of FTSE 100 engineer Smiths Group.

Pay crackdown could see EDF drawn into summer of strikes

The French energy giant EDF is set for a showdown with British unions over pay for more than 5,000 workers at its money-spinning power stations, in a dispute that could lead to strikes.

Residents struggling to adjust to the watery world created by the floods in Halle

In Halle, the birthplace of Handel, ‘Water Music’ has a new resonance: Horrendous floods have left people fighting for their homes – and their lives

In the narrow streets of the ancient east German town of Halle, students, pensioners and housewives joined rescue workers battling furiously to fill hundreds of blue British Royal Mail sacks with sand, tons of which had been dumped in the city’s main market place.

Margareta Pagano: Goldman's role in the Royal Mail sell-off is a red rag to the unions

The CWU should be negotiating hard to get as many shares as it can for its workers
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