Royal Mail

Life in the private sector is proving tough with parcel volumes falling and competition hitting Royal Mail shares. Questor thinks the long term investment case remains More: continued here

BBC News Business Secretary Vince Cable defends Royal Mail sell-offBBC NewsTaxpayers may have lost out on about £1bn from the undervaluing of Royal Mail, a committee of MPs has said. The Business, Innovation and Skills select committee says ministers were given "poor quality" advice and failed to get a good …

Parliament’s Business, Innovation and Skills 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 professional judgment of their outside advisers. More: continued here

MPs: Taxpayer Short-Changed On Royal Mail SaleYahoo Finance UKThe controversy over the £3.3bn privatisation of Royal Mail (LSE: RMG.L – news) 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 …

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 ($3.4 billion) sale of Royal Mail. Britain sold a 60 percent …

UK lawmakers criticise Royal Mail sale advisorsRTE.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% stake in … …

Telegraph.co.uk Questor share tip: How far could Royal Mail shares fall?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 Commons business committee's damning indictment of the knock-down sale of Royal Mail will have come as absolutely no surprise to anyone in Westminster or the City. For Cable and ministers to now claim all the criticisms are pure hindsightism is nonsense. More: continued here

Life in the private sector is proving tough with parcel volumes falling and increased competition hitting the shares.Questor thinks the long term investment case remains. More: continued here

The Independent Royal Mail sale: Taxpayers lost out on £1bn, says MPs' committeeThe IndependentThe committee went on to condemn the undervaluing of buildings that the Royal Mail is now likely to sell. These include three sites in London, valued by Mr Cable's department at £200m, which the National Audit Office …