Royal Mail

The Independent RPT-UK government, bankers back in spotlight over Royal Mail saleReutersLONDON, April 25 (Reuters) – British government ministers and bankers responsible for the sale of Royal Mail will face another round of questioning by lawmakers in the coming week over whether the state postal operator was sold off too …

Express.co.uk MPs quiz Business Secretary Vince Cable over Royal Mail flotationExpress.co.ukRoyal Mail shares were sold at 330p in October but quickly soared, sparking fury that the stake in the 500-year-old company had been sold off far too cheaply, cheating taxpayers out of their due. A National Audit Office report published …

Results come as Vince Cable faces MPs over valuation of Royal Mail – whose market value has risen £2.2bn since sell-off Rising parcel revenue and one-off items helped Royal Mail almost double first-half operating profit in the newly privatised group's first results as a public company. Operating profit for the …

The Independent Government 'lets City off the hook' on Royal Mail dealThe IndependentThe Government has made no attempt to contact the handful of big City investors given preferential treatment during the Royal Mail flotation fiasco, despite many of them breaking an apparent gentlemen's agreement not to sell their shares. Some …

Does Royal Mail PLC (LON: RMG) have the right credentials to be classed as a very attractive growth play? More: continued here

Business secretary tells MPs that stock was sold at 330p and no higher to reflect risk of strike action by Royal Mail workers Vince Cable has written to MPs to defend the pricing of the Royal Mail flotation as shares in the postal service closed above 500p at the end …

Union says public sold short as figures reveal shares in company up 80% on valuation prior to stock market float The government faced fresh accusations of shortchanging the taxpayer over the Royal Mail float on Tuesday after it was revealed that bankers valued the company at up to £8.67bn when …

Thousands of retail investors rush to book £300-plus profit as privatised company officially floats on London Stock Exchange Tens of thousands of people have made more than £300 profit from selling Royal Mail shares as the privatised company officially floated on the London Stock Exchange on Tuesday morning. Royal Mail …

Expert verdicts on whether investors should hold or sell some of the most widely-held shares More: continued here

Huge interest among members of the public will hit institutional investors, but hundreds of staff refuse allocation of free shares Dozens of banks, hedge funds and other institutional investors will be prevented from buying any Royal Mail shares as demand for stakes in the privatisation hugely outstrips supply. Institutional investors …