Vince Cable defects criticism over 'lost millions' in Royal Mail floatnewBelfast TelegraphOn the day shares in Royal Mail hit 500p for the first time, Vince Cable, the Business Secretary, tried to defend himself against claims he cost taxpayers hundreds of millions of pounds by undervaluing the privatised postal operator. More: …
Read More »Royal Mail: ‘We didn’t want certificates but are getting them anyway’ – Telegraph.co.uk
Telegraph.co.uk Royal Mail: 'We didn't want certificates but are getting them anyway'Telegraph.co.ukAnother shareholder, Dan Judge, told The Telegraph: "I applied for shares and I've yet to receive an email via Royal Mail's own broker, Equiniti. I've just called the helpline and been told that the records show I applied for …
Read More »Are Royal Mail shares still a ‘buy’ as they sail over 500p? Investing experts … – This is Money
Are Royal Mail shares still a 'buy' as they sail over 500p? Investing experts …This is MoneyRoyal Mail have broken through the £5-a-share barrier today to trade at 507p – that is a handsome 54 per cent above their 330p launch price a week on from the float. That price …
Read More »Royal Mail shares soar above £5 – The Independent
The Independent Royal Mail shares soar above £5The IndependentShares in Royal Mail have risen 50 per cent above the offer valuation a week ago to hit more than £5 as Business Secretary Vince Cable admitted he was told before the float that the price could soar. The new high was …
Read More »Anthony Hilton: MPs’ posturing about ‘underpriced’ Royal Mail share sale is … – The Independent
Anthony Hilton: MPs' posturing about 'underpriced' Royal Mail share sale is …The IndependentThere is something absurd about posturing MPs pretending to be upset that the Royal Mail share sale was underpriced and that taxpayers have been massively short changed as a result. Where were these same MPs when it mattered …
Read More »Cable seeks to justify Royal Mail price – Financial Times
Cable seeks to justify Royal Mail priceFinancial TimesRoyal Mail shares hit 500p on Friday – more than 50 per cent above last week's offer price – as the business secretary Vince Cable responded to accusations he had botched the pricing of the biggest privatisation for a generation. Mr Cable wrote …
Read More »The taxpayer has been sold short by the Royal Mail flotation – Financial Times
The taxpayer has been sold short by the Royal Mail flotationFinancial Times… it feels safe to say, have rarely figured among them. Long seen as a business in decline, Royal Mail has been affected in recent years both by its highly politicised workforce and by encroachments on its business from …
Read More »Royal Mail shares soar – Financial Times
Royal Mail shares soarFinancial TimesRoyal Mail shares continued to rise this week despite a vote for strike action by postal staff – but thousands of retail investors struggled to sell after the official trading service was overwhelmed. Investors who bought shares directly from the … More: continued here
Read More »Royal Mail Shares Touch 500p Mark as Offer Price Questions Surround Vince … – IBTimes.co.uk
IBTimes.co.uk Royal Mail Shares Touch 500p Mark as Offer Price Questions Surround Vince …IBTimes.co.ukRoyal Mail shares touched the 500p mark in trading on 18 October, a 51% leap on the government's contentious offer price when it sold off the communications firm, before falling back slightly. Critics of the Royal Mail …
Read More »Royal Mail shares soar above £5
Shares in Royal Mail have risen 50% above the offer valuation a week ago to hit more than £5 as Business Secretary Vince Cable admitted he was told before the float that the price could soar. More: continued here
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