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Royal Mail: coalition accused over 'political' flotation

Union says public sold short as figures reveal shares in company up 80% on valuation prior to stock market float The government faced fresh accusations of shortchanging the taxpayer over the Royal Mail float on Tuesday after it was revealed that bankers valued the company at up to £8.67bn when …

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Royal Mail shares demand outstrips supply

Huge interest among members of the public will hit institutional investors, but hundreds of staff refuse allocation of free shares Dozens of banks, hedge funds and other institutional investors will be prevented from buying any Royal Mail shares as demand for stakes in the privatisation hugely outstrips supply. Institutional investors …

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Royal Mail shares: hedge fund takes biggest private stake

TCI's 5.8% slice of Royal Mail shares fuels criticism of Vince Cable over 'fire sale' as Labour says small investors let down A hedge fund known for its aggressive investment strategy has become the largest private shareholder in Royal Mail, re-igniting anger over Vince Cable's controversial privatisation of the postal …

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