Royal Mail valuation row deepensFinancial TimesThe controversy over whether the Royal Mail was sold off too cheaply deepened on Friday when Nick Clegg said that Vince Cable, who was responsible for the sale, was not a “share price expert”. The comments from the deputy prime minister, designed to … More: continued …
Read More »Hargreaves shares fall 7pc despite huge ‘Royal Mail recruitment’ – Telegraph.co.uk
Telegraph.co.uk Hargreaves shares fall 7pc despite huge 'Royal Mail recruitment'Telegraph.co.ukHargreaves Lansdown, Britain's largest investment shop, recruited a wave of new investors off the back of last autumn's controversial Royal Mail flotation. The FTSE 100 company's customer base increased by 77,000 to 584,000 in the second half of last year.Hargreaves Lansdown …
Read More »SME’s struggle as Royal Mail start enforcing parcel restrictions – PR Web (press release)
PR Web (press release) SME's struggle as Royal Mail start enforcing parcel restrictionsPR Web (press release)Retailers are getting contacted by Royal Mail and told that their goods are not acceptable because of content restrictions. Stephen of A's Models of Bolton was recently contacted and told he could not send his …
Read More »Vince Cable ‘not a share price expert’ says Clegg, in Royal Mail row – Telegraph.co.uk
Telegraph.co.uk Vince Cable 'not a share price expert' says Clegg, in Royal Mail rowTelegraph.co.ukMr Cable has been accused of costing the Government £1bn by setting the share price in the sale too low. According to Freedom of Information requests, the 21 banks pitching to work on the floatation valued the …
Read More »Royal Mail shares undersold, bank valuations reveal – Politics.co.uk
Royal Mail shares undersold, bank valuations revealPolitics.co.ukTaxpayers are £1 billion worse off as a result of the government's decision to sell-off Royal Mail below City banks' estimates, it has emerged. A freedom of information request by the Labour party revealed that 15 out of 21 banks which were asked to …
Read More »What Price Royal Mail Shares? The IPO's Critics are too Harsh on Vince Cable
It seems like every week that someone lobs another brick at the government, Business Secretary Vince Cable in particular, over the privatisation of Royal Mail. That Royal Mail's share price is, at the time of writing, around 80% above its offer price just five months on from the flotation doesn't …
Read More »Royal Mail share price: fresh IPO accusations claim taxpayers lost up to £1.5bn – iNVEZZ
Royal Mail share price: fresh IPO accusations claim taxpayers lost up to £1.5bniNVEZZiNVEZZ.com, Friday, February 7: The high-profile initial public offering (IPO) of Britain's national postal service, Royal Mail (LON:RMG) has been criticised for substantially undervaluing the company. The latest accusation being outlined in an FT … More: continued here
Read More »Friday newspaper round-up: Scotland, Royal Mail, Twitter – Your Money
Friday newspaper round-up: Scotland, Royal Mail, TwitterYour MoneyA range of investment banks valued Royal Mail last spring at up to £1.5bn more than it was eventually sold for, according to data obtained under a freedom of information request. The figures have reignited accusations that Britain's postal operator was …LinkedIn Corp shares …
Read More »Royal Mail delivers revival for Hargreaves Lansdown – The Times (subscription)
Royal Mail delivers revival for Hargreaves LansdownThe Times (subscription)Of those, about 27,000 joined purely to buy shares in Royal Mail's listing in October, although Hargreaves hopes that they will become active customers in other investment areas, including buying Isas. Peter Hargreaves, who co-founded the company in. More: continued here
Read More »Tax-payers £1 bn worse off: Royal Mail undersold – SNP (press release)
Tax-payers £1 bn worse off: Royal Mail undersoldSNP (press release)Tax-payers are over £1 billion worse off as a result of the UK government's decision to sell-off Royal Mail below City banks' estimates, it has emerged. A range of investment banks valued Royal Mail last spring at up to £1.5bn more …
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