Royal Mail

Cable asked Lord Myners to lead a review after ministers were accused of selling the postal service on the cheap and listening to bad advice from investment banks. More: continued here

Cable Orders Asset-Sale Review After Royal Mail CriticismBloombergU.K. Business Secretary Vince Cable ordered a review of how the government conducts privatizations, two days before a report that may criticize his handling of the sale of Royal Mail Plc. (RMG). Ministers have insisted, most recently before Parliament … More: continued here

Edinburgh Evening News 180 homes plan for old Royal Mail site in LeithEdinburgh Evening NewsFresh plans are being drawn up to deliver 180 new homes on the site of a former Royal Mail sorting office in Leith. Housebuilder Cala is set to begin consultations next week over its blueprint for …

Royal Mail open new and improved south delivery officeGloucester CitizenLeighton Burman, delivery sector manager for Royal Mail said: “We are delighted with our new-look office, which will help us to continue to provide a consistent, high quality service. We would like to thank customers for their patience and … More: …

The Guardian Lord Myners to review IPOs following Royal Mail sale controversyThe GuardianCable, whom the NAO criticised for refusing to increase the flotation price of Royal Mail shares despite widespread fears the 500-year-old company was being sold off on the cheap, has repeatedly refused to apologise and still describes the …

Telegraph.co.uk Vince Cable orders review of privatisations in wake of botched Royal Mail saleTelegraph.co.ukVince Cable has bowed to nine months of intense criticism of the sale of Royal Mail and ordered a review of the listing process that allegedly cost the taxpayer “hundreds of millions of pounds.” The Business Secretary …

Western Daily Press Bristol traveller's anger after Royal Mail apoloigise in stamps for lost passportWestern Daily PressA Bristol traveller forced to cut short an exotic holiday when the Royal Mail lost his passport is furious after receiving compensation – of just six first-class stamps worth £3.72. Oliver Keynes sent off …

The Business Secretary has ordered a review of how Governments handle privatisations ahead of a stinging review which is set to criticise his handling of the Royal Mail sale. Sky News revealed on Wednesday how the the Business, Innovation and Skills (BIS) Select Committee had agreed a hard-hitting report, to …

Yahoo News UK UK to review privatisation methods after Royal Mail pricing rowYahoo News UKSuch a review was one of the recommendations of a critical report into the Royal Mail flotation, published earlier this year by the National Audit Office. It said that taxpayers had been short-changed by at least …

CITY A.M. Government IPOs to be reviewed after Royal Mail sell off criticismCITY A.M.Business secretary Vince Cable has launched a review of the way the government conducts IPOs after the controversy surrounding its sell off of Royal Mail. The review, led by City grandee Lord Myners, will look at the …