Vince Cable says strike risk at Royal Mail influenced price rangeReuters UKLONDON (Reuters) – Business Secretary Vince Cable rebuffed accusations that the government underpriced the privatisation of Royal Mail and said on Friday the threat of industrial action had influenced the price-setting process. Shares in the Royal Mail … More: continued …
Read More »Vince Cable on the defence over Royal Mail float’s ‘lost millions’ – The Independent
Vince Cable on the defence over Royal Mail float's 'lost millions'The IndependentOn the day shares in Royal Mail hit 500p for the first time, Vince Cable, the Business Secretary, tried to defend himself against claims he cost taxpayers hundreds of millions of pounds by undervaluing the privatised postal operator. The …
Read More »UK's Royal Mail valued higher than sale price – FT report
LONDON (Reuters) – Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. In a report on Saturday, the Financial Times said Royal Mail was …
Read More »UK’s Royal Mail valued higher than sale price: FT report – Reuters
Telegraph.co.uk UK's Royal Mail valued higher than sale price: FT reportReutersLONDON (Reuters) – Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. In a …
Read More »Vince Cable defects criticism over ‘lost millions’ in Royal Mail floatnew – Belfast Telegraph
Vince Cable defects criticism over 'lost millions' in Royal Mail floatnewBelfast TelegraphOn the day shares in Royal Mail hit 500p for the first time, Vince Cable, the Business Secretary, tried to defend himself against claims he cost taxpayers hundreds of millions of pounds by undervaluing the privatised postal operator. More: …
Read More »Royal Mail: ‘We didn’t want certificates but are getting them anyway’ – Telegraph.co.uk
Telegraph.co.uk Royal Mail: 'We didn't want certificates but are getting them anyway'Telegraph.co.ukAnother shareholder, Dan Judge, told The Telegraph: "I applied for shares and I've yet to receive an email via Royal Mail's own broker, Equiniti. I've just called the helpline and been told that the records show I applied for …
Read More »Are Royal Mail shares still a ‘buy’ as they sail over 500p? Investing experts … – This is Money
Are Royal Mail shares still a 'buy' as they sail over 500p? Investing experts …This is MoneyRoyal Mail have broken through the £5-a-share barrier today to trade at 507p – that is a handsome 54 per cent above their 330p launch price a week on from the float. That price …
Read More »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 …
Read More »Anthony Hilton: MPs’ posturing about ‘underpriced’ Royal Mail share sale is … – The Independent
Anthony Hilton: MPs' posturing about 'underpriced' Royal Mail share sale is …The IndependentThere is something absurd about posturing MPs pretending to be upset that the Royal Mail share sale was underpriced and that taxpayers have been massively short changed as a result. Where were these same MPs when it mattered …
Read More »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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