Royal Mail

UK regulator says no reason to investigate Royal Mail sell-offReuters UKLast October, Britain sold 60 percent of Royal Mail at 330 pence per share, ending 500 years of state control and raising 2 billion pounds ($3.36 billion) for the public purse. ($1 = 0.5948 British Pounds) (Reporting by Neil Maidment …

UPDATE 1-UK regulator says no reason to investigate Royal Mail sell-offReutersLast October, Britain sold 60 percent of Royal Mail at 330 pence per share, ending 500 years of state control and raising 2 billion pounds ($3.36 billion) for the public purse. However, the firm's share price has since risen by …

Margaret Hodge, the Labour MP and chairman of the Public Accounts Committee (PAC), said the share price had ‘exploded’ on the first day. More: continued here

The Courier Fresh grilling over Royal Mail saleThe CourierThe controversial privatisation of Royal Mail will come under the spotlight again this week with a series of hearings by MPs and renewed questioning of the Business Secretary. Vince Cable has been recalled by the Business Select Committee on Tuesday to … More: …

Cable grilled for third time over Royal MailCITY A.M.In October last year the government sold 60 per cent of Royal Mail at 330 pence per share, ending 500-years of state control and raising £2bn for the public purse. However the company's share price has since risen by as much as …

* FCA says failure one of pricing, not regulatory * Royal Mail shares still 55 pct above offer price (Adds quotes, details) LONDON, April 28 (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail , it said on Monday, rejecting calls from lawmakers who said …

MPs to quiz Cable over Royal MailHerald ScotlandBUSINESS Secretary Vince Cable is facing another grilling this week by fellow MPs over the controversial privatisation of Royal Mail. BUSINESS Secretary Vince Cable is facing another grilling this week by fellow MPs over the controversial privatisation … More: continued here

The Times (subscription) Royal Mail is under MPs' microscopeThe Times (subscription)The cream of the City of London is to be hauled across town this week to the Palace of Westminster in an unprecedented three-day parliamentary inquiry into last autumn's privatisation of the Royal Mail. During the consecutive days of questioning …

A city regulator said the spike in the share price of Royal Mail on the day of privatisation was at the "top end" of what would be expected when a firm floated but there was no need to launch an inquiry into the sale. More: continued here

The Independent Regulator says will not investigate Royal Mail sell-offReuters UKLONDON (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail, it said on Monday, rejecting calls from lawmakers who said a sharp rise in the firm's share price should have set alarm bells ringing. Last …