Royal Mail

Shares in Britain's Royal Mail should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report concluded. More: continued here

LONDON (Reuters) – Shares in Britain's Royal Mail postal service should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report said on Thursday. Lord Myners, a former Labour minister commissioned to see if …

'Taxpayers Lost £180m From Royal Mail Sale'Yahoo Finance UKTaxpayers lost out on a lower sum from the privatisation of Royal Mail (LSE: RMG.L – news) than the £1bn suggested by MPs earlier this year, a report commissioned by Vince Cable will conclude this week. Sky News has learned that an …

AOL Money UK Updates from Royal Mail, LSE and Galliford TryAOL Money UKsavings, tax, stockmarket, pensions, cash, investment FTSE 100, LSE, The FTSE 100 barely budged on Wednesday: just a 4.6 point climb to 6,336.4. Oil stocks continued to rise with BP and Tullow Oil both up 3.5% (to 395p …

ITV News Royal Mail privatisation report reaches a surprising conclusion – and it's …ITV NewsHe agrees that Royal Mail was undervalued, although though not by anything like the sums that have been alleged. Furthermore he makes his way onto the Business Secretary's Christmas card list in time for last post …

BBC News Royal Mail privatisation £180m underpriced, review saysBBC NewsThe government made £180m less from the £2bn sale of Royal Mail than it could have, a report commissioned by Business Secretary Vince Cable has said. It says shares could have been valued up to 30p more than the flotation price …

UK Royal Mail Sale Probe Recommends Flexibility in IPOsBusinessweekA report on the sale of Royal Mail Group Plc (RMG) calls for changes to the way initial public offerings are managed in London, saying greater flexibility would have allowed the government to raise more money. The report by former Labour Party …

The Guardian Royal Mail sale underpriced by £180m, Myners report saysThe Guardian“I regard the Royal Mail privatisation to have been a complex exercise executed with considerable professionalism. Many previous governments attempted to sell but failed. The sale was done against a backdrop of global economic uncertainty and a threat … …

Taxpayers lost out on a lower sum from the privatisation of Royal Mail than the £1bn suggested by MPs earlier this year, a report commissioned by Vince Cable will conclude this week. More: continued here

Inquiry: UK Lost £180m From Royal Mail SaleSky NewsEarlier inquiries by the National Audit Office (NAO) and the Business, Innovation and Skills (BIS) select committee said taxpayers had lost out on up to £1bn when the Government sold 60% of Royal Mail to private sector investors, including sovereign … More: …