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'No need' for Royal Mail sale probe

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

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Regulator says will not investigate Royal Mail sell-off

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. Its share price has since risen by as much as 87 percent, offering quick …

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