Evening Standard Vince Cable 'Foolish' Over Royal Mail Sale Process, Warns Tory MPHuffington Post UKVince Cable was "foolish" to dismiss warnings that the government had valued Royal Mail too cheaply as ministers failed to be stop a "City cabal" from making a "killing" by cashing in on their shares, a …
Read More »PM: ‘Royal Mail Sell-Off Good For Taxpayers’ – Sky News
PM: 'Royal Mail Sell-Off Good For Taxpayers'Sky NewsVideo: Did The Taxpayer Lose Out On Royal Mail Deal? Enlarge. David Cameron says the sale of the Royal Mail has brought benefits to the taxpayer raising money and creating a successful, profit-making company that's good for Britain. Video: 'Royal Mail … More: continued …
Read More »UK auditor says Royal Mail was sold off cheaply – New Zealand Herald
UK auditor says Royal Mail was sold off cheaplyNew Zealand HeraldLONDON (AP) The British government cost taxpayers millions by selling off the Royal Mail at too low a price, the country's public-spending watchdog said Tuesday. The Conservative-led government sold a majority stake in the postal service last year … More: …
Read More »PMQs: Royal Mail sell-off and Labour manifesto claim – BBC News
BBC News PMQs: Royal Mail sell-off and Labour manifesto claimBBC NewsEd Miliband claimed the sell-off of the Royal Mail was a "sale that nobody wanted and nobody voted for" as the party leaders clashed on the maths of the policy. But the prime minister hit back and claimed the opposition …
Read More »Cameron falsely claims Labour pledged to privatise Royal Mail in manifesto – The Guardian
The Guardian Cameron falsely claims Labour pledged to privatise Royal Mail in manifestoThe GuardianMiliband was scathing about the privatisation of Royal Mail after an NAO report earlier this week said the government's determination to sell it cost taxpayers £750m in one day alone. It said the business secretary, Vince Cable, …
Read More »Union anger as Royal Mail report criticises sale – Wigan Today
Wigan Today Union anger as Royal Mail report criticises saleWigan TodayIt has now been revealed that 21 banks initially valued Royal Mail at well over the £3.3bn it eventually sold for, and almost half the share allocation of 16 “priority” investors – who the Government intended to have a long-term …
Read More »Royal Mail Plc’s 2 Greatest Strengths
Two standout factors supporting an investment in Royal Mail plc (LON: RMG) More: continued here
Read More »Taxpayers and customers short-changed by Royal Mail sell-off – The Guardian
The Guardian Taxpayers and customers short-changed by Royal Mail sell-offThe GuardianIn the Royal Mail case (Undervaluing Royal Mail cost taxpayer £750m in one day, 1 April), the institution was going to be sold/privatised no matter what and the appropriate objective was to raise as much cash as possible for the …
Read More »‘Botched’ Royal Mail sell-off saw 16 ‘priority’ investors cash in on share … – This is Money
'Botched' Royal Mail sell-off saw 16 'priority' investors cash in on share …This is MoneyThe government's privatisation of Royal Mail short-changed the taxpayer by £1billion it was revealed today in a damning report on the 'botched' floatation of the 500-year-old company on the London stock market. A group of institutional …
Read More »UK auditor says Royal Mail was sold off cheaply – Boston.com
UK auditor says Royal Mail was sold off cheaplyBoston.comLONDON (AP) — The British government cost taxpayers millions by selling off the Royal Mail at too low a price, the country's public-spending watchdog said Tuesday. The Conservative-led government sold a majority stake in the postal service last year, … More: continued here
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