The cheque’s in the post

[doorstepped]

http://www.thesun.co.uk/sol/homepage/ne ... hares.html" onclick="window.open(this.href);return false;


By TOM NEWTON DUNN, Political Editor

POSTIES are in line for a £2,000 windfall each by the end of the year when the Royal Mail is semi-privatised.

All 140,000 workers will be given shares when the Government sells off a big stake in the state firm.

Business Secretary Vince Cable has ruled 10 per cent of its total value will be handed over to staff.

And Whitehall experts have estimated its price is at least £3billion, The Sun has learned.

The handout may even be larger if Royal Mail’s value is higher — with some City analysts putting it at closer to £4billion.

Ministers hope to launch the sell-off by the autumn, but officials are finalising details of the share scheme now.

They will either be free or heavily discounted in what will be the second biggest giveaway for state workers moving to the private sector — after BT’s sell-off in 1984.

It will also be the biggest privatisation since the railways were flogged in the 1990s.

Last night Business Minister Michael Fallon said: “Parliament decided two years ago that employees of Royal Mail should share in its success.

“It is our intention to have such a scheme in place at the time that we conduct a sale of Royal Mail.”

It is yet to be decided how much of the creaking operation the Government will keep.

But unless a large chunk of the Royal Mail is managed privately, the badly struggling business will go under, Mr Cable has insisted.

The flotation will also create a desperately needed £1billion windfall for public coffers.

The Government is taking on the Royal Mail’s £10.3billion pension deficit as part of the plans. But the Post Office will remain in public hands.

[db]

the badly struggling business will go under, Mr Cable has insisted..

Bet that quotes has the buyers queuing up!!

[mooseT]

Notice they say free or discounted.
This has been said a couple of times now and i bet it will be the latter.
They will not give us anything for nothing.

[UnhappyGremlin]

We're not badly struggling at all. Any financial problems we are currently suffering have been CREATED intentionally by senior management, and we are not doing as badly as they are making out, the accountants have been making it look bad at the behest of the top brass for well over a decade.

As far as shares go, this is again more PR/propaganda crap aimed at persuading us and the public, and proving it is necessary. I will not buy any shares no matter how much of a discount they give. I'll take free ones and sell them at the earliest opportunity, in the hope they will cover the loss we suffered as a result of the colleague shares fiasco.

I still think that, no matter how the shares are handled, we still won't do very well out of them, certainly not as well as others will fair.

[worktotime]

http://www.thesun.co.uk/sol/homepage/ne ... hares.html


By TOM NEWTON DUNN, Political Editor

POSTIES are in line for a £2,000 windfall each by the end of the year when the Royal Mail is semi-privatised.

All 140,000 workers will be given shares when the Government sells off a big stake in the state firm.

Business Secretary Vince Cable has ruled 10 per cent of its total value will be handed over to staff.

And Whitehall experts have estimated its price is at least £3billion, The Sun has learned.

The handout may even be larger if Royal Mail’s value is higher — with some City analysts putting it at closer to £4billion.
more phantom shares as before that wont be worth the paper there put on when it comes to sell them on.
Ministers hope to launch the sell-off by the autumn, but officials are finalising details of the share scheme now.

They will either be free or heavily discounted in what will be the second biggest giveaway for state workers moving to the private sector — after BT’s sell-off in 1984.

It will also be the biggest privatisation since the railways were flogged in the 1990s.

Last night Business Minister Michael Fallon said: “Parliament decided two years ago that employees of Royal Mail should share in its success.

“It is our intention to have such a scheme in place at the time that we conduct a sale of Royal Mail.”

It is yet to be decided how much of the creaking operation the Government will keep.

But unless a large chunk of the Royal Mail is managed privately, the badly struggling business will go under, Mr Cable has insisted.

The flotation will also create a desperately needed £1billion windfall for public coffers.

The Government is taking on the Royal Mail’s £10.3billion pension deficit as part of the plans. But the Post Office will remain in public hands.

[ebbzie]

Struggling badly????? Was it not just last month they were touting how we mak e80 million a year from DSA ???
God we are fed such utter boll*x constantly

[UnhappyGremlin]

Struggling badly????? Was it not just last month they were touting how we mak e80 million a year from DSA ???
God we are fed such utter boll*x constantly

Isn't it amazing how things get interpreted? It just depends on what suits them as to how they feed us info. Funny that.

[westlondonpostie]

And Whitehall experts have estimated its price is at least £3billion, The Sun has learned.
The handout may even be larger if Royal Mail’s value is higher — with some City analysts putting it at closer to £4 billion.

That's some turn around.

18 months ago our employee shares were valued at f**k all, an they screwed us out of £1200,

You've got to hand it to Moya and her Senior management team, well worth their wages.

[arnold cheshire]

http://www.thesun.co.uk/sol/homepage/ne ... hares.html


By TOM NEWTON DUNN, Political Editor

POSTIES are in line for a £2,000 windfall each by the end of the year when the Royal Mail is semi-privatised.

All 140,000 workers will be given shares when the Government sells off a big stake in the state firm.

Business Secretary Vince Cable has ruled 10 per cent of its total value will be handed over to staff.

And Whitehall experts have estimated its price is at least £3billion, The Sun has learned.

The handout may even be larger if Royal Mail’s value is higher — with some City analysts putting it at closer to £4billion.
more phantom shares as before that wont be worth the paper there put on when it comes to sell them on.
Ministers hope to launch the sell-off by the autumn, but officials are finalising details of the share scheme now.

They will either be free or heavily discounted in what will be the second biggest giveaway for state workers moving to the private sector — after BT’s sell-off in 1984.

It will also be the biggest privatisation since the railways were flogged in the 1990s.

Last night Business Minister Michael Fallon said: “Parliament decided two years ago that employees of Royal Mail should share in its success.

“It is our intention to have such a scheme in place at the time that we conduct a sale of Royal Mail.”

It is yet to be decided how much of the creaking operation the Government will keep.

But unless a large chunk of the Royal Mail is managed privately, the badly struggling business will go under, Mr Cable has insisted.

The flotation will also create a desperately needed £1billion windfall for public coffers.

The Government is taking on the Royal Mail’s £10.3billion pension deficit as part of the plans. But the Post Office will remain in public hands.

what a quote of a qoute.

[Bahia Feliz]

http://www.thesun.co.uk/sol/homepage/ne ... hares.html


By TOM NEWTON DUNN, Political Editor

POSTIES are in line for a £2,000 windfall each by the end of the year when the Royal Mail is semi-privatised.

All 140,000 workers will be given shares when the Government sells off a big stake in the state firm.

Business Secretary Vince Cable has ruled 10 per cent of its total value will be handed over to staff.

And Whitehall experts have estimated its price is at least £3billion, The Sun has learned.

The handout may even be larger if Royal Mail’s value is higher — with some City analysts putting it at closer to £4billion.
more phantom shares as before that wont be worth the paper there put on when it comes to sell them on.
Ministers hope to launch the sell-off by the autumn, but officials are finalising details of the share scheme now.

They will either be free or heavily discounted in what will be the second biggest giveaway for state workers moving to the private sector — after BT’s sell-off in 1984.

It will also be the biggest privatisation since the railways were flogged in the 1990s.

Last night Business Minister Michael Fallon said: “Parliament decided two years ago that employees of Royal Mail should share in its success.

“It is our intention to have such a scheme in place at the time that we conduct a sale of Royal Mail.”

It is yet to be decided how much of the creaking operation the Government will keep.

But unless a large chunk of the Royal Mail is managed privately, the badly struggling business will go under, Mr Cable has insisted.

The flotation will also create a desperately needed £1billion windfall for public coffers.

The Government is taking on the Royal Mail’s £10.3billion pension deficit as part of the plans. But the Post Office will remain in public hands.

what a quote of a qoute.

That's what i thought!!

[motch]

http://www.thesun.co.uk/sol/homepage/ne ... hares.html


By TOM NEWTON DUNN, Political Editor

POSTIES are in line for a £2,000 windfall each by the end of the year when the Royal Mail is semi-privatised.

All 140,000 workers will be given shares when the Government sells off a big stake in the state firm.

Business Secretary Vince Cable has ruled 10 per cent of its total value will be handed over to staff.

And Whitehall experts have estimated its price is at least £3billion, The Sun has learned.

The handout may even be larger if Royal Mail’s value is higher — with some City analysts putting it at closer to £4billion.
more phantom shares as before that wont be worth the paper there put on when it comes to sell them on.
Ministers hope to launch the sell-off by the autumn, but officials are finalising details of the share scheme now.

They will either be free or heavily discounted in what will be the second biggest giveaway for state workers moving to the private sector — after BT’s sell-off in 1984.

It will also be the biggest privatisation since the railways were flogged in the 1990s.

Last night Business Minister Michael Fallon said: “Parliament decided two years ago that employees of Royal Mail should share in its success.

“It is our intention to have such a scheme in place at the time that we conduct a sale of Royal Mail.”

It is yet to be decided how much of the creaking operation the Government will keep.

But unless a large chunk of the Royal Mail is managed privately, the badly struggling business will go under, Mr Cable has insisted.

The flotation will also create a desperately needed £1billion windfall for public coffers.

The Government is taking on the Royal Mail’s £10.3billion pension deficit as part of the plans. But the Post Office will remain in public hands.

what a quote of a qoute.

That's what i thought!!

Perhaps he was going to write something but forgot..

[DirtyHarry]

Struggling badly????? Was it not just last month they were touting how we mak e80 million a year from DSA ???
God we are fed such utter boll*x constantly

That's because people like Vince Cable, are inherently dishonest.
They constantly lie all the time.
Simple truth is, slime like Cable want our taxes to fund their expenses, pay, etc, not to pay for essential services.

[steven100]

The company is probably sinking but the management still seem to get their performance bonuses. I wonder why .

[UnhappyGremlin]

The company is probably sinking but the management still seem to get their performance bonuses. I wonder why .

The company isn't sinking. Don't think it's even close. Not saying it's doing brilliantly, but it's nowhere near as bad as is being made out. The books have been cooked for over a decade.

[motch]

The company is probably sinking but the management still seem to get their performance bonuses. I wonder why .

The company isn't sinking. Don't think it's even close. Not saying it's doing brilliantly, but it's nowhere near as bad as is being made out. The books have been cooked for over a decade.

The combined value of the commercial buildings must be worth an absolute fortune too.