Royal Mail

Vince Cable vows 'no apology' over Royal Mail saleTelegraph.co.ukVince Cable has insisted there will be “absolutely no apology” from the Government over the privatisation of Royal Mail despite accusations from MPs that the delivery company was sold at a “ridiculous” price. The Business Secretary repeatedly told MPs … More: continued …

One of the financial firms advising the government on its sale of Royal Mail – which it has been accused of undervaluing – was a priority investor given special preference in the privatisation, it is claimed. Lazard & Co helped the UK government to set its 330p offer price for …

British Parliament Berates Officials on Royal Mail IPONew York TimesIn the case of Britain's Royal Mail, it is the company's soaring value that has ignited outrage. At a testy hearing in front of a parliamentary committee on Tuesday, Vince Cable, the British business secretary, faced a fresh grilling over how …

Telegraph.co.uk Royal Mail'priority investors' revealedFinancial TimesVince Cable on Wednesday published the names of 16 “priority investors” in Royal Mail as the government came under renewed criticism over last autumn's privatisation of the postal operator. The business secretary had previously refused to name the …Lazard Asset Management was a Royal Mail priority …

Royal Mail Float: Priority Investors Revealed By Vince CableHuffington Post UKThe National Audit Office revealed that many of the priority investors sold out their shares swiftly after the flotation, making huge profits within the first few weeks as the Royal Mail's share price soared by 72% over the first five …

Royal Mail 's controversial privatisation would have Margaret Thatcher "turning in her grave" as the business' shares went to a "masonic lodge" of City firms rather than ordinary investors, Labour MP Margaret Hodge has warned. Hodge, chairman of the influential Public Accounts Committee, launched a fierce attack on the Royal …

Evening Standard Royal Mail float: Government admits hedge funds were favouredEvening StandardAn analysis of Royal Mail's share register shows that Och-Ziff, an aggressive US-based hedge fund, had a holding of 10 million shares on 15 October, the day the company's shares started trading. A week later it had reduced its …

Royal Mail: how hedge funds cleaned up in float newBelfast TelegraphThe Business Secretary, Vince Cable, has repeatedly insisted that the handful of key investors offered Royal Mail shares on preferential terms were long-term institutional investors. This was to ensure the new company started with “a core of high … More: …

Privileged City investors were given a "golden ticket" to buy Royal Mail shares and then sold them on day one of privatisation, ripping off the taxpayer Ed Miliband has claimed. More: continued here

BBC News Cameron and Miliband on Royal Mail shares and sell-offBBC NewsEd Miliband claimed the Royal Mail sell-off was a "rip-off of the tax payer" and that the prime minister had lost the country £1bn. But David Cameron said it was a "success for our country" and Labour had failed …