Royal Mail

BBC News Lazard made £8m profit in Royal Mail share sell-offFinancial TimesThe investment arm of the government's independent adviser on the privatisation of Royal Mail made an £8m profit selling shares in the company during the first week of trading. Lazard's bankers faced criticism from MPs after it was disclosed …

Royston Wild looks at whether Royal Mail plc (LON: RMG) is an attractive income stock. More: continued here

No apologies and 'no regrets' over Royal Mail, says Vince CableManagement TodayVince Cable told MPs there will be 'absolutely no apology' over the privatisation of Royal Mail depsite claims that the government significantly undervalued the company, costing taxpayers £750m. Since the Royal Mail went public in October with an … …

Unmasked: The city institutions given privileged status in the controversial …Bureau of Investigative JournalismThe Bureau reveals the shareholders given priority status in the controversial Royal Mail flotation. (Image: Royal Mail via shutterstock.com). Hundreds of City institutions registered interest in Royal Mail shares in the run up to one of the …

Vince Cable defends Royal Mail sale price to MPsBBC NewsThe Business Secretary Vince Cable has rejected claims that the UK government sold off Royal Mail too cheaply. Mr Cable was questioned by the House of Commons Business Committee over whether the government could have achieved better value for … More: continued …

Royal Mail's "priority investors", who were given privileged access to shares in the controversial stock market flotation last October, have finally been revealed by Vince Cable . The business secretary revealed the names of the 16 shareholders, who were selected by Cable for their "long-term investor potential' and given large …

The Independent Lazard Asset Management was a Royal Mail priority investor and made £8m …Bureau of Investigative JournalismInvestment arm of the government's adviser in controversial float of Royal Mail was given priority status. (Image: Royal Mail via shutterstock.com). Lazard Asset Management (LAM), the investment arm of the government's independent adviser …

Royal Mail: did the government and bankers short-change Britain by £750m?Bureau of Investigative JournalismQuestions are being asked about the government's float of the Royal Mail. (Image: The Royal Mail via Shutterstock.com). In a City career spanning more than 50 years, it takes something quite exceptional to shock veteran Square Mile …

Vince Cable vows 'no apology' over Royal Mail saleTelegraph.co.ukVince Cable has insisted there will be “absolutely no apology” from the Government over the privatisation of Royal Mail despite accusations from MPs that the delivery company was sold at a “ridiculous” price. The Business Secretary repeatedly told MPs … More: continued …

One of the financial firms advising the government on its sale of Royal Mail – which it has been accused of undervaluing – was a priority investor given special preference in the privatisation, it is claimed. Lazard & Co helped the UK government to set its 330p offer price for …