Royal Mail

Telegraph.co.uk Vince Cable 'not a share price expert' says Clegg, in Royal Mail rowTelegraph.co.ukMr Cable has been accused of costing the Government £1bn by setting the share price in the sale too low. According to Freedom of Information requests, the 21 banks pitching to work on the floatation valued the …

Royal Mail shares undersold, bank valuations revealPolitics.co.ukTaxpayers are £1 billion worse off as a result of the government's decision to sell-off Royal Mail below City banks' estimates, it has emerged. A freedom of information request by the Labour party revealed that 15 out of 21 banks which were asked to …

It seems like every week that someone lobs another brick at the government, Business Secretary Vince Cable in particular, over the privatisation of Royal Mail. That Royal Mail's share price is, at the time of writing, around 80% above its offer price just five months on from the flotation doesn't …

Royal Mail share price: fresh IPO accusations claim taxpayers lost up to £1.5bniNVEZZiNVEZZ.com, Friday, February 7: The high-profile initial public offering (IPO) of Britain's national postal service, Royal Mail (LON:RMG) has been criticised for substantially undervaluing the company. The latest accusation being outlined in an FT … More: continued here

Friday newspaper round-up: Scotland, Royal Mail, TwitterYour MoneyA range of investment banks valued Royal Mail last spring at up to £1.5bn more than it was eventually sold for, according to data obtained under a freedom of information request. The figures have reignited accusations that Britain's postal operator was …LinkedIn Corp shares …

Royal Mail delivers revival for Hargreaves LansdownThe Times (subscription)Of those, about 27,000 joined purely to buy shares in Royal Mail's listing in October, although Hargreaves hopes that they will become active customers in other investment areas, including buying Isas. Peter Hargreaves, who co-founded the company in. More: continued here

Tax-payers £1 bn worse off: Royal Mail undersoldSNP (press release)Tax-payers are over £1 billion worse off as a result of the UK government's decision to sell-off Royal Mail below City banks' estimates, it has emerged. A range of investment banks valued Royal Mail last spring at up to £1.5bn more …

Daily Mail Cheap sell-off of Royal Mail cost every family £55: Banks told Vince Cable he …Daily MailNick Clegg today brushed aside claims the government sold the Royal Mail on the cheap, insisting Vince Cable who was put in charge 'is not a sort of share price expert'. It came …

Royal Mail'Could Have Been Sold For £1.5bn More' Say BanksHuffington Post UKThe Business Department revealed in response to a Freedom of Information request that the average valuation for Royal Mail by the 21 investment banks was between £4 billion and £4.8 billion, significantly above the £3.3 billion price tag decided …

On the face of it, the new valuation figures, released by the business department, promise to provide further ammunition to those accusing the government of having very badly mishandled the sale of 60% of its stake in Royal Mail to the market last October. More: continued here