Oh dear OFCOM. Nice bit of news that brings the share price plummeting. I have increased my stake 2500 this morning @ 488 That's 15000 for me. It has to be a BIG buy share now... This monkey won"t be around for ever.... USAIN returns............................ Doffer
Royal Mail plc 28 July 2015 Royal Mail response to Ofcom statement Royal Mail confirms that it has received today a Statement of Objections setting out Ofcom's provisional, preliminary findings in relation to its investigation into the terms on which Royal Mail proposed to offer access to letter delivery services, alleging a potential distortion of competition. The investigation was launched in February 2014 following a complaint brought by TNT Post UK (now Whistl) about certain proposed changes to Royal Mail's Access contracts. Royal Mail takes its compliance obligations very seriously and is disappointed by Ofcom's announcement. The Company considers that the pricing changes proposed in 2014 were fully compliant with competition law. They were an important part of Royal Mail's commercial response to both changing market conditions and to Ofcom's statements in its March 2013 guidance document on end-to-end competition in the postal sector1. Under the terms of our access contracts, these pricing proposals were suspended following the opening of Ofcom's investigation. Accordingly the pricing proposals were never implemented and were withdrawn altogether in March 2015. Royal Mail is considering carefully Ofcom's provisional findings. It will submit a robust defence to Ofcom in due course. Royal Mail has cooperated fully with Ofcom throughout its investigation to date and will continue to do so.
RE: Disposal of remaining shares
Can't see gov getting £5 at this sp, lol
Disposal of remaining shares
SP is heading back to the gov. sell off price of £5.00.We will get more shares for our divi now. lol
I agree, plenty of dead wood around
It's the dead woods you need rid off not new PDAs mate
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.