The Independent Labour challenges Government to reveal details of 'cosy' Royal Mail sell-off dealThe IndependentVince Cable has been challenged to reveal details of what Labour has called a cosy deal which allowed some City investors to make a quick profit from the privatisation of Royal Mail. In a letter to …
Read More »Royal Mail: Businessman angry with price hikes hires CARRIER PIGEONS to … – Express.co.uk
Express.co.uk Royal Mail: Businessman angry with price hikes hires CARRIER PIGEONS to …Express.co.uk"Government is supposed to be supporting small businesses but this move flies in the face of that support and I fear that with the privatisation of the Royal Mail price increases like this are going to become a …
Read More »British Watchdog Says Royal Mail Sale Did Not Achieve Best Value – New York Times
British Watchdog Says Royal Mail Sale Did Not Achieve Best ValueNew York TimesShares of Royal Mail, the operator of Britain's postal service, jumped 38 percent on the first day of trading in October and were trading about 71 percent above its I.P.O. on Tuesday morning. “The department was very keen …
Read More »David Cameron Claims Labour Manifesto Pledged To Privatise Royal Mail, It Didn’t – Huffington Post UK
David Cameron Claims Labour Manifesto Pledged To Privatise Royal Mail, It Didn'tHuffington Post UKUnder pressure over the government's handling of the Royal Mail sell-off, David Cameron told MPs today that Labour had also made a manifesto commitment to privatise the company. Unfortunately for the prime minister that does not appear …
Read More »Vince Cable 'Foolish' Over Royal Mail Sale Process, Warns Tory MP
Vince Cable was "foolish" to dismiss Royal Mail's high price post-privatisation as "froth" as ministers failed to stop a "City cabal" from making a "killing" by cashing in on their shares, a Tory MP warned. Speaking to the Huffington Post UK, Brian Binley, a member of the business select committee, …
Read More »Royal Mail sale banks ‘must not get £4.2m bonus for duff advice’ – Mirror.co.uk
Royal Mail sale banks 'must not get £4.2m bonus for duff advice'Mirror.co.ukPressure is building on the Government to ban banks involved in the botched Royal Mail sell off from getting a £4.2million bonus. Seven banks – including Barclays, Goldman Sachs and UBS – have already pocketed £12.7m in fees for …
Read More »Cable pressed on Royal Mail sale – The Courier
The Courier Cable pressed on Royal Mail saleThe CourierThe Government has been urged to clarify a number of "unanswered" questions on its controversial privatisation of Royal Mail as the coalition continued to face attacks over the sell-off. Shadow business secretary Chuka Umunna said 16 priority investors … More: continued here
Read More »Royal Mail sold at ‘mates rates’ – MSN UK
Royal Mail sold at 'mates rates'MSN UKThe Royal Mail was sold off at "mates rates" to David Cameron's friends in the City, Ed Miliband claimed today. The Labour leader challenged Mr Cameron to name today's share price compared with the initial sale offering of 330p and condemned the … More: continued …
Read More »Vince Cable under pressure to name Royal Mail ‘priority investors’ – The Guardian
The Guardian Vince Cable under pressure to name Royal Mail'priority investors'The GuardianVince Cable is under intense pressure to name the "priority investors" that sold their Royal Mail stakes almost immediately after the privatisation making "huge profits" at the expense of taxpayers. Chuka Umunna, shadow business secretary, has written …Vince Cable …
Read More »PMQs review: Going postal over Royal Mail privatisation – New Statesman
New Statesman PMQs review: Going postal over Royal Mail privatisationNew StatesmanMiliband's questions focused on the privatisation of Royal Mail and, specifically, the charge that a prized asset was sold too cheap, with the result that Britain has been collectively diddled out of millions. (£750m according to a National Audit … …
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