Royal Mail

The Government was so desperate to sell off the business they were prepared to accept 'any cost', MPs said today. More: continued here

Both Conservative and Labour ministers attacked Vince Cable, the British business secretary, saying the Royal Mail I.P.O. was priced too low and left as much as 1.2 billion pounds of taxpayer money on the table. More: continued here

Vince Cable has admitted that Royal Mail 's controversial stock market flotation may not have got the "maximum value" for the taxpayer, as MPs accused him of letting it be sold at a "ridiculous" price. Members of the Commons business select committee criticised the Lib Dem business secretary's handling of …

Royal Mail Privatisation Will Not Face Probe, Says City WatchdogHuffington Post UKFCA chief executive Martin Wheatley told MPs that the watchdog had seen no evidence of regulatory failure, despite being unable to say if the process – which saw Royal Mail's share price soar 38% in the first day – …

Royal Mail row shows we still don't understand marketsThe ConversationBusiness secretary Vince Cable and the boss of the City is facing questions from parliamentary committees this week over the much-maligned sale of a stake in Royal Mail. So will we finally have a definitive… More: continued here

Vince Cable questioned by MPs about Royal Mail privatisation: Politics live blogThe Guardian (blog)This is the fifth consecutive quarter of steady growth. Overall, the economy is now only 0.6% below the pre-recession peak at the beginning of 2008. In fact, services are now 2% above the pre-recession peak but the …

Ministers defend Royal Mail saleexpressandstar.comMinisters 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". Business Secretary Vince Cable has defended the sale of … More: continued here

Evening Standard Vince Cable dubs Royal Mail a 'fragile' companyEvening StandardHauled before the Business, Innovation and Skills Select Committee of MPs, Cable again had to defend accusations that the Government sold Royal Mail shares on the cheap when they were listed in London last year. The National Audit Office concluded …

* British ministers say no regrets over Royal Mail (Other OTC: ROYMF – news) sale * Minister Cable accepts need to consider other sale methods LONDON, April 29 (Reuters) – British ministers in charge of the privatisation of Royal Mail said on Tuesday they had no apologies to make over …

By William James LONDON (Reuters) – Ministers in charge of the privatisation of Royal Mail said on Tuesday they had no apologies to make over criticism that it was sold off too cheaply, but said they may look at different ways to sell off public assets in future. Royal Mail's …