Royal Mail

The Business Secretary insists that Royal Mail was not sold on the cheap but admits that the Government may consider "different methods" other than an IPO for future privatisations. More: continued here

The Guardian Vince Cable rebuts claim government massively undervalued Royal MailThe GuardianVince Cable has continued to contest claims that the government significantly undervalued Royal Mail, costing taxpayers £750m on the day of the postal service was privatised in October. During questioning by MPs on Tuesday, the business secretary said … …

Cable faces committee's scrutiny on Royal Mail flotationFinancial TimesVince Cable admitted on Tuesday that he was not happy that some priority investors had sold their shares in Royal Mail for a quick profit last autumn and said he hoped to introduce changes to force investors to take a longer-term view. …

UK minister says no regrets, no apologies for Royal Mail saleReuters UKLONDON, April 29 (Reuters) – British ministers in charge of the privatisation of Royal Mail said on Tuesday they had no apologies to make over criticism that it was sold off too cheaply, but said they may look at …

The UK Business Secretary, Vince Cable, stands by the initial pricing of Royal Mail shares, as he gives evidence to a parliamentary committee. More: continued here

Both Conservative and Labour ministers attacked Vince Cable, the British business secretary, saying the initial public offering left as much as 1.2 billion pounds on the table. More: continued here

MPs tear into Cable over Royal Mailexpressandstar.comMPs have torn into Business Secretary Vince Cable and his ministerial colleague Michael Fallon as they insisted the Royal Mail privatisation had been a success and they had no regrets over the controversial sell-off. Business Secretary Vince Cable has … More: continued here

BUSINESS Secretary Vince Cable has insisted Royal Mail is still in a “fragile” state and was not sold off on the cheap, after he was described as relying on “Alice in Wonderland facts” to defend the privatisation. More: continued here

MPs have torn into Business Secretary Vince Cable and his ministerial colleague Michael Fallon as they insisted the Royal Mail privatisation had been a success and they had no regrets over the controversial sell-off. More: continued here

Royal Mail Float May Not Have Got Best Taxpayer Value – Vince CableHuffington Post UKVince Cable has admitted that Royal Mail's controversial stock market flotation may not have got the "maximum value" for the taxpayer, as MPs accused him of letting it be sold at a "ridiculous" price. Members of …