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Royal Mail shares lose some of their froth

This month's decision by Vince Cable to announce a review of the way governments conduct stock market flotations of public assets was an inevitable consequence of the political controversy over how Royal Mail was valued prior to the launch of the IPO last October. More: continued here

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Royal Mail ‘Faces French Competition Fine’ – Sky News

The Times (subscription) Royal Mail'Faces French Competition Fine'Sky NewsRoyal Mail has confirmed its French parcels business is under investigation by competition authorities and admitted it may face a hefty fine. The company said it had been served a notice by the Autorite de la Concurrence in France that it was …

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