Royal Mail

'Vince Cable must resign': Union on the attack over claims Royal Mail was valued at £10bn, THREE times government price More: continued here

The union representing Royal Mail staff has demanded the Business Secretary quits amid revelations by Sky News over the company's privatisation. Shortly after City Editor Mark Kleinman learned that Wall … More: continued here

The Times (subscription) 'Locust' bites off biggest chunk of Royal Mail sharesThe Times (subscription)The Government has been forced on to the defensive after shares in Royal Mail soared from 330p, when it floated 12 days ago, to as high as 530p, prompting criticism that it had been sold too cheaply. …

Royal Mail Privatisation: CWU Union Demands Vince Cable's ResignationHuffington Post UKVince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead of its stock market flotation, nearly three times the £3.3bn finally chosen. CWU general …

Daily Mail Royal Mail'Undervalued By Up To £6bn'Sky NewsSky News has learnt that corporate financiers from the Wall Street banking giant presented a spectrum for Royal Mail's value ranging from £7.75bn to £9.95bn – the top end of which was more than two-and-a-half times the price at which ministers …Jim …

Royal Mail: Campaigners fear secretive hedge fund will 'interfere' with postal …Mirror.co.ukCritics have voiced fears about a secretive hedge fund which has become Royal Mail's biggest private shareholder. TCI bought a 5.8% stake worth £312million – up £22m in a day – and hasn't ruled out buying more. The London-based …

The Guardian Royal Mail shares: hedge fund takes biggest private stakeThe GuardianTCI's stake in Royal Mail came to light under stock market rules obliging investors to report holdings greater than 5%, and was seized on by government critics who argue that the business secretary failed small investors by selling the …

JPMorgan told the Government earlier this year that it believed Royal Mail could be worth up to £10bn, including its debts, ahead of the postal operator's privatisation. Sky News has learnt that corporate … More: continued here

Vince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead of its stock market flotation, nearly three times the £3.3bn finally chosen. CWU general secretary Billy Hayes said: "We now have a prima facie …

Bank Pitched Near-£10bn Value For Royal MailSky NewsSky News has learnt that corporate financiers from JP Morgan presented a spectrum for Royal Mail's value ranging from £7.75bn to £9.95bn, the top end of which was more than two-and-a-half times the price at which ministers ultimately sold shares in the …Royal Mail …