Inquiry: UK Lost £180m From Royal Mail SaleSky NewsEarlier inquiries by the National Audit Office (NAO) and the Business, Innovation and Skills (BIS) select committee said taxpayers had lost out on up to £1bn when the Government sold 60% of Royal Mail to private sector investors, including sovereign … More: …
Read More »Public shortchanged by Royal Mail sell-off – Scotsman
Scotsman Public shortchanged by Royal Mail sell-offScotsmanHowever, Mr Myners will also say he supports a wider review of so-called initial public offerings and the way the Shareholder Executive – which manages state-owned assets – handled the Royal Mail privatisation. His report will highlight some so-called … More: continued here
Read More »Royal Mail sale achieved 'significant value', Myners report says
Former city minister says sell-off was professionally executed and rejects claims £1bn more could have been raised A government-commissioned report on the sale of Royal Mail has concluded that £180m more might have been realised from the sale, but broadly backs ministers’ cautious approach to pricing. The report by former …
Read More »U.K. Royal Mail Sale Probe Recommends Flexibility in IPOs
A report on the sale of Royal Mail Group Plc (RMG) calls for changes to the way initial public offerings are managed in London , saying greater flexibility would have allowed the government to raise more money. More: continued here
Read More »'Taxpayers Lost £180m From Royal Mail Sale'
Taxpayers lost out on a lower sum from the privatisation of Royal Mail than the £1bn suggested by MPs earlier this year, a report commissioned by Vince Cable will conclude this week. Sky News has learned … More: continued here
Read More »Royal Mail 'sold for right price'
The Government and taxpayer achieved "significant value" from the sale of Royal Mail and the right decisions were made over the pricing of shares, according to a report into the controversial privatisation. More: continued here
Read More »Royal Mail privatisation report reaches a surprising conclusion – and it's good for the Government
Vince Cable and Conservative colleague Michael Fallon facing the Business Select Committee over the privatisation. Credit: PA Wire In light of the criticism, Vince Cable asked Labour's former City Minister Lord Myners to review the way the Government sells state-owned assets. More: continued here
Read More »‘Taxpayers Lost £180m From Royal Mail Sale’ – Sky News
'Taxpayers Lost £180m From Royal Mail Sale'Sky NewsEarlier inquiries by the National Audit Office (NAO) and the Business, Innovation and Skills (BIS) select committee said taxpayers had lost out on up to £1bn when the Government sold 60% of Royal Mail to private sector investors, including sovereign … More: continued …
Read More »VIDEO: The super-fast Royal Mail robot forced to read your messy Christmas … – Surrey Comet
Surrey Comet VIDEO: The super-fast Royal Mail robot forced to read your messy Christmas …Surrey CometBut Royal Mail say that they can deal quickly with all properly addressed post, whether red, blue or gold. An Intelligent Letter Sorting Machine reads the addresses on letters at hyperspeed when they are first …
Read More »Government could have achieved more from Royal Mail float but not as much as … – This is Money
This is Money Government could have achieved more from Royal Mail float but not as much as …This is MoneyThe Government could have achieved more money for the taxpayer from its sale of Royal Mail, but not as much as the £1billion suggested by some critics, an official report is …
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