Royal Mail

Citywire.co.uk Lord Myners: government undervalued Royal Mail by £180mCitywire.co.ukRoyal Mail's float in 2013 caused a frenzy as shares leapt by 38% on their first day of trading. They later hit a high of 619p, close to double the float price before falling back to 394p currently. However, Myners dismissed the …

CITY A.M. Lord Myners report: Here's why the Royal Mail sale wasn't done on the cheapCITY A.M.The much awaited Myners report commissioned by business secretary Vince Cable on the sale of Royal Mail has finally been released. The report concluded that the Royal Mail sale was undervalued by £180m. The …

Reuters UK Royal Mail sale could have raised extra 180 million pounds – official reportReuters UKLONDON (Reuters) – The privatisation of Britain's Royal Mail could have raised an extra 180 million pounds, according to a government-commissioned report that largely endorsed the cautious approach by ministers in the 2-billion-pound sale. More: …

A well-functioning, efficient Royal Mail run like a proper company will create so much economic value over time More: continued here

This is Money Government and taxpayer got 'significant value' from Royal Mail floatThis is MoneyThe Government and taxpayer achieved 'significant value' from the sale of Royal Mail and the right decisions were made over the pricing of shares, according to a report into the controversial privatisation by former City minister …

BBC News Royal Mail backtracks on lost Christmas cards Orkney service planBBC NewsRoyal Mail has backtracked on plans to withdraw from a popular festive lost Christmas cards service provided in Orkney for 25 years. The annual appeal on BBC Radio Orkney helped local postal workers deliver hundreds of cards with …

The Guardian Royal Mail sell-off undervalued firm by £180m, report findsThe GuardianThe government sold 60% of Royal Mail for 330p a share in October 2013. Myners says it would have been risky to price shares higher than 350p to 360p. He told Radio 4's Today programme: “The panel of experts …

Royal Mail's red herringsFinancial TimesPilot fish have received a battering from Lord Myners, a City grandee commissioned by the government to investigate the underpricing of the Royal Mail flotation. These lead investors, whose number included Lazard Asset Management and Schroders, were … More: continued here

LONDON (Reuters) – The privatisation of Britain's Royal Mail could have raised an extra 180 million pounds, according to a government-commissioned report that largely endorsed the cautious approach by ministers in the 2-billion-pound sale. The government's decision to sell a 60 percent stake in the 500-year-old state postal operator last …

Evening Standard Chris Blackhurst: Myners clears Cable on Royal Mail but leaves fishy smellEvening StandardVince Cable must be pleased. Lord Myners' report into the Royal Mail sell-off pretty much clears the Business Secretary of the charge that he sold the Government's 60% stake too cheaply. He could have got another …