Selling off Royal Mail was undoubtedly the single biggest achievement of Vince Cable's career as business secretary. Neither Margaret Thatcher or Tony Blair could pull it off, but Cable will go down in history as the man who did it. He, his Tory minister Michael Fallon, and their senior advisers …
Read More »Royal Mail share price: FCA rejects calls to investigate – iNVEZZ
Royal Mail share price: FCA rejects calls to investigateiNVEZZiNVEZZ.com, Tuesday, April 29: Britain's Financial Conduct Authority (FCA) will not launch a probe into the government's sale of Royal Mail (LON:RMG), rejecting calls from lawmakers who said that the sharp rise in the postal service firm's share price … More: continued …
Read More »UPDATE 2-UK regulator says will not investigate Royal Mail sell-off – Reuters
UPDATE 2-UK regulator says will not investigate Royal Mail sell-offReutersLONDON, April 28 (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail , it said on Monday, rejecting calls from lawmakers who said a sharp rise in the firm's share price should have set alarm bells …
Read More »No reason for us to investigate Royal Mail, regulator tells MPs – CITY A.M.
No reason for us to investigate Royal Mail, regulator tells MPsCITY A.M.MARTIN Wheatley, the chief executive of the financial regulator, told a committee of MPs yesterday that he sees no reason to investigate the Royal Mail sell-off, despite a National Audit Office report that revealed the UK taxpayer has lost …
Read More »Singapore Fund Was 'Core' Royal Mail Investor
State-backed funds from Kuwait and Singapore were among 16 investors given large allocations of Royal Mail (Other OTC: ROYMF – news) shares as part of the company's contentious £3.3bn privatisation. Sky News can reveal that the Kuwait Investment Office and the Government Investment Corporation of Singapore (GIC) were among the …
Read More »FCA won’t waste resources on Royal Mail probe – Telegraph.co.uk
Telegraph.co.uk FCA won't waste resources on Royal Mail probeTelegraph.co.ukMartin Wheatley, the boss of the Financial Conduct Authority, has told MPs he saw no reason to investigate the flotation of Royal Mail or the bankers involved pouring water on claims that the historic privatisation was mis-managed. The regulator told … More: …
Read More »Ministers defend Royal Mail sale
Ministers have continued to defend their controversial privatisation of the Royal Mail despite fierce questioning from MPs over whether it was sold "at any cost". More: continued here
Read More »Royal Mail Shares: FCA Will Not Investigate Controversial Sell-Off – International Business Times UK
International Business Times UK Royal Mail Shares: FCA Will Not Investigate Controversial Sell-OffInternational Business Times UKThe government has been heavily criticised on the charge of undervaluing Royal Mail when it was floated onto the London Stock Exchange in October 2013 at an offer price of 330p a share. In the …
Read More »Business news and markets: live
Vince Cable faces MPs over the privatisation of the Royal Mail More: continued here
Read More »Cycling race makes its mark on post
Royal Mail has created a special postmark to mark the Giro d'Italia Big Start coming to Northern Ireland. More: continued here
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