Top stories:
BREAKING NEWS: Royal Mail shares leap up 39%, adding £1.2bn to value
40,000 people denied a stake in £3.3bn Royal Mail sale
Vandals cause £1m damage to richest MP’s 20,000 acre country estate
Cable on Royal Mail: “There were no alternatives to privatisation”
News from elsewhere
RBS’s South Bank office sold for £315m
M&G Real Estate has bought Royal Bank of Scotland’s flagship offices on South Bank for £315m. The deal also includes 73,000 sq ft of retail space in Bankside 1, which has tenants including Marks & Spencer and Starbucks.
BlackBerry founders plan to bid for mobile firm
BlackBerry’s former chief executive Mike Lazaridis and co-founder Douglas Fregin are planning to put in a bid for the troubled phonemaker. The duo currently each control 8% of BlackBerry’s shares.
Jaeger to bring manufacturing back to Blighty
The 129-year fashion brand Jaeger is planning to bring 5 to 10% of its production back to the UK. Jaeger stopped manufacturing in Britain 15 years ago.
Just Eat’s yummy £9m profit
Online takeaway giant Just Eat saw a 77% jump in revenues last year after 11,000 restaurants joined its online service last year. The firm saw profits hit £9m in the year to December 2012, up from £2.1m.
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