Royal Mail

The Guardian Cameron falsely claims Labour pledged to privatise Royal Mail in manifestoThe GuardianMiliband was scathing about the privatisation of Royal Mail after an NAO report earlier this week said the government's determination to sell it cost taxpayers £750m in one day alone. It said the business secretary, Vince Cable, …

Wigan Today Union anger as Royal Mail report criticises saleWigan TodayIt has now been revealed that 21 banks initially valued Royal Mail at well over the £3.3bn it eventually sold for, and almost half the share allocation of 16 “priority” investors – who the Government intended to have a long-term …

Two standout factors supporting an investment in Royal Mail plc (LON: RMG) More: continued here

The Guardian Taxpayers and customers short-changed by Royal Mail sell-offThe GuardianIn the Royal Mail case (Undervaluing Royal Mail cost taxpayer £750m in one day, 1 April), the institution was going to be sold/privatised no matter what and the appropriate objective was to raise as much cash as possible for the …

'Botched' Royal Mail sell-off saw 16 'priority' investors cash in on share …This is MoneyThe government's privatisation of Royal Mail short-changed the taxpayer by £1billion it was revealed today in a damning report on the 'botched' floatation of the 500-year-old company on the London stock market. A group of institutional …

UK auditor says Royal Mail was sold off cheaplyBoston.comLONDON (AP) — The British government cost taxpayers millions by selling off the Royal Mail at too low a price, the country's public-spending watchdog said Tuesday. The Conservative-led government sold a majority stake in the postal service last year, … More: continued here

Royal Mail sell-off: 6 alternative ways to spend £750mThe GuardianThe UK government's sale of Royal Mail cost taxpayers £750m in a single day, according to the National Audit Office. Ignoring City experts who said the privatisation was severely undervalued, Vince Cable went ahead with a maximum price of 330p a …

Scotsman Comment: Weir bid plans | Royal MailScotsmanTHERE is little doubt that the UK government sold the Royal Mail cheaply. Whether it was a result of incompetence, caution or a deliberate move to allow ordinary retail investors to benefit from the subsequent rise in the share price is a matter …

The Guardian There was only one loser in this Royal Mail privatisation: the taxpayerThe GuardianShe always refused to sell Royal Mail. Her latterday apostle on Earth, Margaret Hodge, said as much on Tuesday. As the public accounts committee chairman, she savaged the business secretary, Vince Cable, for last winter's sale …

The Week UK Royal Mail: botched sale lost taxpayers £750m in one dayThe Week UKTHE Government's "cautious" approach to last year's Royal Mail sell-off led to the taxpayer being short-changed, according to the National Audit Office (NAO). The spending watchdog has today published a damning report into the privatisation of …