Royal Mail

BBC News Fear of failure stalked the Royal Mail saleBBC NewsMars and Venus provide a useful planetary prism through which to view the latest salvo of allegations about the Royal Mail float price. What is clear is that the initial offer price of 330p was certainly low. Any number that …

Press TV Royal Mail sale errors cost £1bn: ReportPress TVThe committee said that a number of priority investors bought the shares "cheaply and sold quickly” at a profit and called for the government to release a list of the preferred investors and information on which investors sold their shares of …

A committee said that government officials underestimated the potential market value of the Royal Mail when it was privatized in October and relied too heavily on the judgment of outside advisers. More: continued here

Vince Cable defends Royal Mail sell-offTelegraph.co.ukBritish taxpayers missed out on “significant value” in the sale of Royal Mail Plc as the government's fear of failure meant the shares were floated at too low a price, an all-party panel of lawmakers said. The advice the government received on the sale … …

Royal Mail float undervalued by one thirdBusiness SpectatorThe float of Britain's Royal Mail last year undervalued the group by around £250 million – a third of its value — according to a strongly-worded report from the country's National Audit Office. The report on the £750m October IPO, tabled this week …

UK lawmakers criticise government and advisers over Royal Mail saleRTE.ieBritain's biggest privatisation in years was blighted by a fear of failure and poor advice from state-appointed banks. This is according to a committee of lawmakers after an inquiry into the £2 billion sale of Royal Mail. Britain sold a 60% …

By William James LONDON (Reuters) – Britain's biggest privatisation in years was blighted by a fear of failure and poor advice from state-appointed banks, a committee of lawmakers said on Friday following an inquiry into the 2 billion pound sale of Royal Mail. Britain sold a 60 percent stake in …

Taxpayers lost out on £1bn as Government undervalued Royal Mail in botched …This is MoneyRoyal Mail was privatised in October when the Government sold 60 per cent of its holding at 330p a share, but they rose as high as 618p per share and closed trade yesterday at around 473p …

Telegraph.co.uk Royal Mail – What is it worth today?Telegraph.co.ukRoyal Mail shares have fallen by 17pc so far this year as competition increases and parcel volumes suffer a slowdown. Questor accepts the share price may be weak for the next 12 months but the long-term investor should focus on the growing …

Telegraph.co.uk Botched Royal Mail sale cost taxpayers £1bnTelegraph.co.ukIn a highly critical report, MPs on the committee have concluded that ministers were given “poor quality advice” by the bankers over the valuation of Royal Mail, demand for its shares, the price investors would pay, and the risks of strike action at …