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Osborne defends Royal Mail sale price – Arab News

Telegraph.co.uk Osborne defends Royal Mail sale priceArab NewsGeorge Osborne, speaking at a Thomson Reuters Newsmaker event, also said he was “a couple of weeks” away from deciding whether to split up state-owned Royal Bank of Scotland and rejected criticism that the government sold Royal Mail too cheaply.Osborne says growth alone …

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Hedge fund becomes leading Royal Mail investor – BBC News

Telegraph.co.uk Hedge fund becomes leading Royal Mail investorBBC NewsA UK hedge fund has become the biggest shareholder of Royal Mail after the British government. The Children's Investment Fund (TCI) has bought a 5.8% stake in Royal Mail worth £286m ($462m). TCI is considered to be an activist investor which means …

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