Royal Mail

BBC News Royal Mail sale price 'too cautious', says spending watchdogBBC NewsThe privatisation of Royal Mail was too cautious and failed to achieve a good deal for taxpayers, according to parliament's spending watchdog, the National Audit Office. It said too much emphasis was put on completing the sale at the …

The Guardian Vince Cable defends Royal Mail sell-off in Commons debateThe GuardianThe business secretary, Vince Cable, has refused to apologise over the government's privatisation of Royal Mail, despite a scathing report from the National Audit Office, which said undervaluing the share sale had cost the taxpayer £750m in a single …

Royal Mail sell off 'good value for money' insists ministerTelegraph.co.ukThe taxpayer got good value from the sale of Royal Mail, Michael Fallon, the business minister, has insisted, after a watchdog found the taxpayer lost millions of pounds in the "second class" sale. The Royal Mail could have been sold for …

The Guardian Royal Mail sell-off: Chuka Umunna granted urgent Commons questionThe GuardianUmunna announced via Twitter that his question had been granted, and the House of Commons confirmed the urgent question would be asked at 12.30pm BST. Royal Mail shares have soared more than 70% since their stock market debut at …

Royal Mail Sell-Off: Cable Says 'No Apology'Sky NewsAmyas Morse, head of the NAO, said: "The department was very keen to achieve its objective of selling Royal Mail, and was successful in getting the company listed on the FTSE 100. Its approach, however, was marked by deep caution, the price of …

The British government took a cautious approach in pricing the initial public offering of Royal Mail and thus failed to get the best deal for the taxpayer, the National Audit Office said on Tuesday. More: continued here

British auditor: Government too cautious in Royal Mail privatizationU.S. News & World ReportFILE – In this Thursday, Sept. 12, 2013 file photo, a worker walks past parked Royal Mail vans at London's Mount Pleasant sorting office. Britain's public-spending watchdog said Tuesday, April 1, 2014 that the government cost taxpayers millions …

By Neil Maidment LONDON (Reuters) – Britain sold off Royal Mail too cheaply, the spending watchdog said on Tuesday, prompting the main opposition Labour party to accuse Prime Minister David Cameron's government of failing to look after the interests of taxpayers. Britain's decision to sell a 60 percent stake in …

BBC News Business Secretary Vince Cable defends Royal Mail saleBBC NewsBusiness Secretary Vince Cable has defended the privatisation of Royal Mail, despite criticism from the spending watchdog. Mr Cable said it had achieved its primary objective of selling the shares and reducing the risk to taxpayers. It came after the …

Royal Mail Sale 'Left Taxpayer Short Changed By £750m' – NAO ReportHuffington Post UKRoyal Mail's privatisation left taxpayers short changed by £750 million as ministers were "too cautious" in their pricing of the business at just 330p-a-share, a hard-hitting official report has found. The National Audit Office, the government's public …