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Royal Mail shares soar above £5 – The Independent

The Independent Royal Mail shares soar above £5The IndependentShares in Royal Mail have risen 50 per cent above the offer valuation a week ago to hit more than £5 as Business Secretary Vince Cable admitted he was told before the float that the price could soar. The new high was …

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Cable seeks to justify Royal Mail price – Financial Times

Cable seeks to justify Royal Mail priceFinancial TimesRoyal Mail shares hit 500p on Friday – more than 50 per cent above last week's offer price – as the business secretary Vince Cable responded to accusations he had botched the pricing of the biggest privatisation for a generation. Mr Cable wrote …

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