Britain's Royal Mail privatisation garnered orders for all of the shares on offer in the space of a few hours yesterday, sources said, marking a strong start for a sell-off that stands to flush up to £2 billion ($3.2 billion) into gove
The British government is set to announce an October flotation of shares of its Royal Mail postal service, Sky News reported on its website without citing sources on Tuesday.
The 497-year-old institution is being listed in October
Workers at Britain's state-owned Royal Mail have voted overwhelmingly for a nationwide strike, escalating a dispute over pay and conditions which has caused widespread disruption to postal services.
Members of the Communications Worker