Postal Updates
Private investors to be kept out of Royal Mail sale: Afternoon Report
1. Royal Mail sale
The 30 percent stake in Royal Mail that the UK government is planning to sell off will not be made available to private investors, according to The Telegraph. At least not right away.
"Whitehall sources said the Government was likely to offer the shares at a small discount to the market price large City institutions to keep the costs of the flotation down," The Telegraph reports. "The banks and City investors will then be able to sell on the shares to small private investors at a profit."
More, including opposition to the keeping out of private investors, here.
2. Week's Most Read
Linn's Stamp News is looking back at its five most-read stories of the week, according to reader metrics.
3. Chinese stamp blocks sell
Three rare, large blocks of early Chinese stamps that surfaced a few months ago in an English attic after lying hidden for more than a century were auctioned for close to $1 million.
4. Today's most-viewed post so far
MORE RELATED ARTICLES
Headlines
-
US Stamps
Oct 7, 2024, 3 PMMcMurtrie dismissed as APS education director following Sept. 21 arrest
-
US Stamps
Oct 7, 2024, 12 PMVasiliauskas named president of Mystic Stamp Co.
-
US Stamps
Oct 6, 2024, 5 PMApgar souvenir card available
-
US Stamps
Oct 6, 2024, 4 PMFirst Continental Congress and U.N. stamps receive Scott catalog numbers