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 giving duff advice to … More:…
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
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 here
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 'Foolish' Over Royal Mail Sale…
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 … More: continued here
British PM Cameron comes under pressure over Royal Mail sell-offReutersLONDON, April 2 (Reuters) – British Prime Minister David Cameron came under pressure in parliament on Wednesday over his government's sale of Royal Mail with the opposition Labour party accusing him of selling the firm off too cheaply to a handful of … More: continued here
The Royal Mail underselling shows this was privatisation through ideology not …New StatesmanLast October the government sold 70 per cent of the Royal Mail at a price of 330p a share. By the end of that day, those shares were already trading at 455p, and in January they hit a peak of 615p (they've since…
Ed Miliband has accused Prime Minister David Cameron of selling off the Royal Mail at "mates' rates" to friends in the City. More: continued here
Evening Standard Vince Cable 'Foolish' Over Royal Mail Sale Process, Warns Tory MPHuffington Post UKVince Cable was "foolish" to dismiss warnings that the government had valued Royal Mail too cheaply as ministers failed to be stop a "City cabal" from making a "killing" by cashing in on their shares, a Tory MP warned. Speaking to…
PM: 'Royal Mail Sell-Off Good For Taxpayers'Sky NewsVideo: Did The Taxpayer Lose Out On Royal Mail Deal? Enlarge. David Cameron says the sale of the Royal Mail has brought benefits to the taxpayer raising money and creating a successful, profit-making company that's good for Britain. Video: 'Royal Mail … More: continued here