Royal Mail

The Royal Mail listed on the London Stock Exchange on the11th October 2013. In a sense the sale was a huge success – such was the stampede for a piece of the action that by the end of day the shares that the government had sold for 330 pence were …

Royal Mail float review to back Cable price viewCITY A.M.BUSINESS secretary Vince Cable was right to dismiss calls by some investment banks to value Royal Mail at billions of pounds more than the firm's eventual float price, the spending watchdog is expected to say this week. The National Audit Office …

The Government could have achieved better value for the taxpayer through its controversial privatisation of Royal Mail, according to a new report which revealed that most investors given priority to buy shares, sold them shortly after making a profit. More: continued here

Royal Mail share price: NAO to deliver verdict on £3.4bn floatiNVEZZiNVEZZ.com, Monday, March 31: The UK's National Audit Office (NOA) will tomorrow publish the findings of its investigation into the government's privatisation of Royal Mail (LON:RMG) amid accusations that the postal operator was sold off too cheaply. More: continued here

Bottom Line: Royal Mail proves markets trump politicsCITY A.M.What they saw in Royal Mail five months ago was a company with strong leadership that had been consistently growing profits (from £12m in the second half of 2011 to £144m a year later) and upping its presence in the lucrative parcels …

Taxpayers lost £750 million in the privatisation of Royal Mail as "deep caution" by the government led to shares being underpriced at their initial offering, the National Audit Office (NAO) said Tuesday. The spending watchdog suggested that the 330p sale price at last October's offering was too low — they …

The National Audit Office said 'better value' could have been achieved for the taxpayer from the sale of the postal service, which is now worth £5.5billion. More: continued here

Fleeced over Royal Mail sale? They're bankers. What did we expect?The IndependentTo sell a £1.7bn stake in the Royal Mail, the Government had to hire an investment bank to recommend seven investment banks to persuade other investment banks to buy the shares. These same bankers and their fund-manager peers deal …

Broker spotlight: Royal Mail, Phoenix Group, Arm, Reckitt Benckiser, Accesso …Proactive Investors UKLife insurer shares were hit hard on Friday after the leak of a FCA investigation into closed books on products sold before 2000. The probe will look at “rip-off” exit charges on pensions and investments, poor service and …

A request for a bronze postbox to honour Olympic medallist Jenny Jones is turned down by the Royal Mail. More: continued here