Royal Mail

The Guardian Royal Mail sale underpriced by £180m, Myners report saysThe Guardian“I regard the Royal Mail privatisation to have been a complex exercise executed with considerable professionalism. Many previous governments attempted to sell but failed. The sale was done against a backdrop of global economic uncertainty and a threat … …

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. More: continued here

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: …

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

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 …

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

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

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

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

'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 …