Royal Mail share prices soar
Royal Mail shares have soared after trading officially began on the London Stock Exchange.
Royal Mail shares have soared after trading officially began on the London Stock Exchange.
Speaking for the first time since privatisation, the Chief Executive of Royal Mail Moya Greene told ITV News the company needs more protection from industrial action.
She says: "We need to start thinking about what sort of protections do we need as a company from our people from what has been probably too quick an approach to resort to industrial action. I just think we need to look at alternative ways to resolve disputes."
CWU leaders today held a rally saying they are confident of a vote in favour of strikes - the ballot result comes tomorrow.
Shares in Royal Mail soared again this morning as trading started making them almost 50% more valuable than the government's price tag.
Within five minutes of Royal Mail being officially listed on the London Stock Exchange over a million shares had been traded.