Home / Royal Mail / Vince Cable Under Fire Over £1 Billion Loss To Taxpayers From Sale Of Royal Mail

Vince Cable Under Fire Over £1 Billion Loss To Taxpayers From Sale Of Royal Mail

Taxpayers have lost £1 billion over the privatisation of Royal Mail because the Government underestimated demand for shares, a committee of MPs has reported. Ministers were accused of being afraid to fail over the controversial sell-off last year, and of receiving "poor quality" advice. The Business Select Committee said taxpayers were missing out on "significant value." In a hard-hitting report …

More: continued here

About admin

Check Also

Royal Mail delivery delays hit 7 Scottish postcodes – full list of affected areas

Royal Mail has warned 105 UK postcodes may see delays to post this week, with …

Leave a Reply

Your email address will not be published. Required fields are marked *