Uk’s Royal Mail Soars On Stock Market Debut

Blue colored HTC One is now available in UK, Blue HTC One Mini coming soon

Blue colored HTC One is now available in UK, Blue HTC One Mini coming soon

A link has been sent to your friend’s email address. 1 To find out more about Facebook commenting please read the Conversation Guidelines and FAQs UK’s Royal Mail soars on stock market debut By Pan Pylas and Danica Kirka, Associated Press 9:07 a.m. EDT October 11, 2013 Royal Mail vans lined up at London’s largest sorting office Mount Pleasant. The shares of Britain’s postal service were up 31% to 432 pence ($6.91) by midday, a hefty gain for shareholders who got them at 330 pence. Nearly 150 million shares, or 15% of the total issue, changed hands. “One can only say that investors have clearly given their stamp of approval to the offering,” said Brenda Kelly, senior market strategist at IG. But the opposition Labour Party argues that the gains prove the government shortchanged taxpayers and could have gotten more than the 1.72 billion pounds ($2.75 billion) it received from the sale. “The government has a lot of explaining to do,” the Labour Party’s business spokesman, Chuka Umunna, wrote on Twitter. The privatization is symbolic for the Conservative Party, the main party in the coalition government. Much of its electoral success in the 1980s under Prime Minister Margaret Thatcher was due to the sale at the time of state assets such as British Gas and British Airways. Business Secretary Vince Cable, who is a member of the Liberal Democrats, the junior party in government, dismissed claims the sale had been undervalued, telling BBC Radio that the sharp price rise was no more than “froth and speculation.” Big financial institutions, such as pension funds and sovereign wealth funds, are trading the shares Friday in what is known as conditional trading. Smaller shareholders who tended for only 750 pounds ($1,200) and bought through brokers were able to trade, too.

AP Britain Royal Mail

But before you head out to your favorite store to check out this new color, you should know that the Blue color option has been kept exclusive to certain retailers. Hence in order to take a look at the HTC One in this new color, and for all other details about the offer, you will have to go to Carphone Warehouse, the UK retailer that exclusively offers this new color option. The retailer has already started selling the HTC flagship device and is soon also going to start offering the HTC One Mini later this month. So if its the HTC One that you want, you can check it out right away, but if you are planning to get your hands on the HTC One Mini, then just wait for a few more days. By the way, there are a lot of options available to consumers interested in buying the flagship device. In order to help you understand all the options, we have them listed out for you in a systematic way. So check it out. HTC One pricing details (CONFIRMED) On Contract for 32 Carephone Warehouse is offering the HTC One on contract for a price of 32. You are also free to choose between EE, Vodafone, Orange, O2, Three, T-Mobile and Talkmobile. By the way, this is the same cost at which the Silver and Black color options are available. Off Contract for 490 Carephone Warehouse is offering the HTC One without contract for a price of 490. This way, you wont have to worry about any contracts and other terms and conditions.

UK offers help to cyclone victims

‘Can’t live on £500k? I don’t want to hear it’

Prime Minister David Cameron and International Development Secretary Justine Greening both tweeted that the UK would do what it could to help. Nearly a million people were forced to flee as the massive storm roared ashore, destroying tens of thousands of thatch homes, but early indications were that the death toll was relatively low, thanks in part to the mass evacuations. Officials spoke of 17 fatalities whereas a cyclone of similar strength 14 years ago killed 10,000 people. Mr Cameron’s tweet read: “The devastation caused by Cyclone #Phailin is shocking. My thoughts and prayers are with those affected. The UK will do what it can to help”. Ms Greening said: “We are closely monitoring cyclone #Phailin and ready to assist as required. Our thoughts are with everyone in eastern India at this time.” A spokeswoman for the Department for International Development said: “International Development Minister Alan Duncan is due to arrive in India tomorrow morning. He is on a planned visit to review the UK’s transitioning development relationship with India announced in November 2012. He will take a close interest in what support can be provided following the cyclone.” International aid agencies were already in place to help with the aftermath of the storm – the strongest to hit India in more than a decade. The cyclone reached land early on Saturday night and caused large-scale power and communications failures and shut down road and rail links. Seawater pushed inland, swamping villages where many people survive as subsistence farmers in mud and thatch huts, and destroying hundreds of millions of pounds’ worth of crops. The final death toll is expected to climb further as officials reach areas of the coast that remain isolated by downed communication links and blocked roads, but the careful planning for the event appeared to have saved many lives. “Damage to property is extensive,” said Amitabh Thakur, the top police officer in the Orissa district worst-hit by the cyclone. “But few lives have been lost.” Indian weather experts said the storm had sustained winds of up to 131mph while it was over land.