Royal Mail

The Guardian Royal Mail sell-off undervalued firm by £180m, report findsThe GuardianThe government sold 60% of Royal Mail for 330p a share in October 2013. Myners says it would have been risky to price shares higher than 350p to 360p. He told Radio 4's Today programme: “The panel of experts …

Royal Mail's red herringsFinancial TimesPilot fish have received a battering from Lord Myners, a City grandee commissioned by the government to investigate the underpricing of the Royal Mail flotation. These lead investors, whose number included Lazard Asset Management and Schroders, were … More: continued here

LONDON (Reuters) – The privatisation of Britain's Royal Mail could have raised an extra 180 million pounds, according to a government-commissioned report that largely endorsed the cautious approach by ministers in the 2-billion-pound sale. The government's decision to sell a 60 percent stake in the 500-year-old state postal operator last …

Evening Standard Chris Blackhurst: Myners clears Cable on Royal Mail but leaves fishy smellEvening StandardVince Cable must be pleased. Lord Myners' report into the Royal Mail sell-off pretty much clears the Business Secretary of the charge that he sold the Government's 60% stake too cheaply. He could have got another …

Royal Mail backtracks on plans to withdraw from a popular festive lost Christmas cards service provided in Orkney that has run for 25 years. More: continued here

UPDATE 1-Royal Mail sale could have raised extra $280 mln – official reportReuters(Adds details on proposed changes to IPO procedure). LONDON Dec 18 (Reuters) – The privatisation of Britain's Royal Mail could have raised an extra 180 million pounds ($280 million), according to a government-commissioned report that largely endorsed … More: …

Royal Mail sale 'could have raised extra £180m'RTE.ieShares in Britain's Royal Mail should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report concluded. Lord Myners, a former Labour minister … More: continued here

Royal Mail: Vince vindicatedLiberal Democrat VoiceThe probe was ordered by Mr Cable after a National Audit Office review into the privatisation of Royal Mail said too much emphasis was put on rushing the sale – the initial public offering (IPO) – at the expense of value for money. Shares in …

Royal Mail withdraws from a popular festive lost Christmas cards service provided in Orkney that has run for 25 years. More: continued here

Lord Myners could finally ease pressure on Cable over Royal MailCITY A.M.So the business secretary will, I suspect, be relieved that the independent-minded former City minister has concluded that taxpayers were less short-changed from Royal Mail's initial public offering (IPO) than had been suggested by MPs earlier this year. More: …