And while we're at it, Vince Cable can come clean about these 16 'priority investors' who sold their shares so quickly Despite his best efforts, David Cameron couldn't bluster his way through the questions asked of him about his government's handling of the Royal Mail sell-off at Prime Minister's Questions …
Read More »Stamp out rivals’ cherry-picking: Royal Mail call for an industry shake-up – Express.co.uk
Express.co.uk Stamp out rivals' cherry-picking: Royal Mail call for an industry shake-upExpress.co.ukRoyal Mail has stayed quiet on the controversy. “That's a matter for the Government,” the spokesman said. Under competition regulations, Royal Mail has to offer access to its services to rivals, including delivering bulk mail collected and sorted by …
Read More »Cameron falsely claims Labour pledged to privatise Royal Mail in manifesto
Miliband brands PM 'dunce of Downing Street' after NAO report says government dramatically undervalued Royal Mail David Cameron has falsely claimed the Labour party pledged to privatise Royal Mail in its manifesto for the 2010 general election. Cameron just wrong that 2010 Labour manifesto included commitment to sell off Royal …
Read More »Labour Urge Vince Cable To Answer Royal Mail ‘Fire Sale’ Questions – Huffington Post UK
Labour Urge Vince Cable To Answer Royal Mail'Fire Sale' QuestionsHuffington Post UKVince Cable has come under pressure to explain a number of "unanswered" questions over the government's controversial part-privatisation of Royal Mail. Shadow business secretary Chuka Umunna said 16 priority investors picked by the government to buy … More: continued here
Read More »Vince Cable under pressure to name Royal Mail 'priority investors'
Chuka Umunna writes to business secretary demanding names of 16 investors, six of whom sold all shares weeks after flotation More: continued here
Read More »Vince Cable failed to deliver on Royal Mail sell-off – The Guardian
The Guardian Vince Cable failed to deliver on Royal Mail sell-offThe GuardianGet ready for the government's next sale of Royal Mail shares. Nothing has been announced, it should be said, but consider the facts. The government is free to sell all or part of the state's remaining 30% stake from …
Read More »There was only one loser in this Royal Mail privatisation: the taxpayer
The Treasury was badly advised on the sale, relying on firms accused of unethical practices and corporate greed Thatcher would have screamed, "What! Flogging off her majesty's mail, cheap and to a bunch of spivs?" She always refused to sell Royal Mail. Her latterday apostle on Earth, Margaret Hodge, said …
Read More »Royal Mail sold at ‘mates’ rates’ – Miliband – BBC News
Royal Mail sold at 'mates' rates' – MilibandBBC NewsLabour leader Ed Miliband has used prime minister's question time to attack the government's handling of the sale of Royal Mail. Mr Miliband put it to the prime minister that the taxpayer got "£1.4bn less for this valuable asset than it is …
Read More »Undervaluing Royal Mail shares costs taxpayer £750m in one day
MPs accuse Vince Cable of ignoring City warnings that maximum share price of 330p left Royal Mail undervalued More: continued here
Read More »Undervaluing Royal Mail shares cost taxpayers £750m in one day
MPs accuse Vince Cable of ignoring City warnings that maximum share price of 330p left Royal Mail undervalued The government's desperation to sell Royal Mail cost taxpayers £750m in a single day, the National Audit Office has said in a scathing report into the privatisation of the 500-year-old national institution. …
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