Royal Mail

Labour Steps Up Pressure On Royal Mail FeesYahoo Finance UK"Despite launching an inquiry into the failings of the Royal Mail fire sale, and seeking to shift blame for their mistakes onto advisers, ministers have still not confirmed whether or not the banks advising the sale will be receiving discretionary fees …

Royal Mail sale errors 'cost £1bn'MSN UKCommittee chairman Adrian Bailey said: "It's not at all clear that the Government's sale of Royal Mail has brought an adequate and appropriate return for taxpayers. The basic facts are that the offer price was 330p per share, the price has risen as … …

Labour is intensifying the pressure on Vince Cable to clarify whether millions of pounds of public money will be paid to bankers who worked on the controversial privatisation of Royal Mail. Chuka Umunna, the shadow business secretary, has told Sky News that paying more than £4m in discretionary fees to …

euronews Labour Steps Up Pressure On Royal Mail FeesYahoo News UKLabour is intensifying the pressure on Vince Cable to clarify whether millions of pounds of public money will be paid to bankers who worked on the controversial privatisation of Royal Mail. Chuka Umunna, the shadow business secretary, has told Sky …

Royal Mail sale errors 'cost £1bn'Aol MoneyCommittee chairman Adrian Bailey said: "It's not at all clear that the Government's sale of Royal Mail has brought an adequate and appropriate return for taxpayers. The basic facts are that the offer price was 330p per share, the price has risen as … …

MPs attack government's 'unacceptable' handling of Royal Mail floatBureau of Investigative JournalismMPs today launched a stinging attack on the government and its advisers' handling of the Royal Mail privatisation saying it undervalued the business by £1bn. In a severe rebuke to Vince Cable, his business department officials and its external …

euronews SIMON WATKINS: Royal Mail privatisation fiasco bad for sell-offsThis is MoneyIn a damning verdict on the privatisation of Royal Mail, the Business Select Committee stated baldly that the Government lost out on as much as £1 billion. This and the fact that City advisers helping to set the price …

euronews Royal Mail sell off criticised, cost taxpayers dear says review committeeeuronewsThe privatisation of Britain's Royal Mail was bungled, according to a committee of lawmakers that reviewed the sale. They conclude a fear of failure and poor advice from state-appointed banks meant the government sold the shares much too cheaply.and …

Press TV How Royal Mail was sold on the cheap?Press TVA committee of MPs has run its ruler over the numbers and reached a conclusion on the Royal Mail sale – “the department underestimated the market value.” In other words, a cheque that should have been written out to the …

euronews MPs: Taxpayer Short-Changed On Royal Mail SaleEagle RadioThe controversy over the £3.3bn privatisation of Royal Mail has erupted again as an influential group of MPs has criticised Vince Cable over his handling of the sale. In a coruscating report, the Business, Innovation and Skills (BIS) Select Committee …Royal Mail …