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 …
Read More »Ministers defend Royal Mail sale – expressandstar.com
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
Read More »Vince Cable dubs Royal Mail a ‘fragile’ company – Evening Standard
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 …
Read More »UK minister says no regrets, no apologies for Royal Mail sale
* 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 …
Read More »Minister says no regrets, no apologies for Royal Mail sale
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 …
Read More »Vince Cable Royal Mail Sell Off: His Biggest Achievement for Good or Ill
Selling off Royal Mail was undoubtedly the single biggest achievement of Vince Cable's career as business secretary. Neither Margaret Thatcher or Tony Blair could pull it off, but Cable will go down in history as the man who did it. He, his Tory minister Michael Fallon, and their senior advisers …
Read More »Royal Mail share price: FCA rejects calls to investigate – iNVEZZ
Royal Mail share price: FCA rejects calls to investigateiNVEZZiNVEZZ.com, Tuesday, April 29: Britain's Financial Conduct Authority (FCA) will not launch a probe into the government's sale of Royal Mail (LON:RMG), rejecting calls from lawmakers who said that the sharp rise in the postal service firm's share price … More: continued …
Read More »UPDATE 2-UK regulator says will not investigate Royal Mail sell-off – Reuters
UPDATE 2-UK regulator says will not investigate Royal Mail sell-offReutersLONDON, April 28 (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail , it said on Monday, rejecting calls from lawmakers who said a sharp rise in the firm's share price should have set alarm bells …
Read More »No reason for us to investigate Royal Mail, regulator tells MPs – CITY A.M.
No reason for us to investigate Royal Mail, regulator tells MPsCITY A.M.MARTIN Wheatley, the chief executive of the financial regulator, told a committee of MPs yesterday that he sees no reason to investigate the Royal Mail sell-off, despite a National Audit Office report that revealed the UK taxpayer has lost …
Read More »Singapore Fund Was 'Core' Royal Mail Investor
State-backed funds from Kuwait and Singapore were among 16 investors given large allocations of Royal Mail (Other OTC: ROYMF – news) shares as part of the company's contentious £3.3bn privatisation. Sky News can reveal that the Kuwait Investment Office and the Government Investment Corporation of Singapore (GIC) were among the …
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