Royal Mail

The Guardian Vince Cable recalled by MPs over Royal Mail privatisation controversyThe GuardianMiliband branded Cameron the "dunce of Downing Street" for allowing Royal Mail to be undervalued. "It is basic maths. Not so much the Wolf of Wall Street, more the dunce of Downing Street. A third of the shares …

Cable has been recalled by the House of Commons Business Committee on April 29th to answer claims that he mis-priced the sale and allowed City traders to make considerable instant profits at the expense of taxpayers. More: continued here

Business secretary to answer claims that government vastly undervalued postal service following scathing NAO report Continue reading… More: continued here

The Northern Echo Cable to face another Royal Mail sale grillingThe Northern EchoTHE Business Secretary is being recalled by a select committee of MPs to give further evidence over the Government's controversial privatisation of Royal Mail. Vince Cable will be questioned on April 29 by the Business Select Committee, which …

BIS select committee orders Cable and Michael Fallon to another hearing after damning NAO report. More: continued here

Financial News Royal Mail hires investment expertise for DC planFinancial NewsBen Piggott, formerly a senior manager researcher at JLT, will take up his post as scheme secretary to the Royal Mail DC Pension Plan at the start of May, according to a statement from the trustees. Despite the increasing shift …

Plymouth Herald Have you been to Llanfairpwllgwyngyll? Bizarre postcode facts revealed on 40th …Plymouth HeraldTHE Royal Mail is celebrating 40 years since the introduction of postodes – but what are the longest, strangest and most common street names in the UK? The Royal Mail is marking the allocation of postcodes …

The Royal Mail Pensions Trustees, who oversee the postal group’s pension schemes, have hired an investment expert from consultancy JLT to run the group’s £100 million defined-contribution scheme, in an unusual move for the industry. More: continued here

Business Secretary Vince Cable is recalled by the Business Select Committee to give further evidence over the privatisation of Royal Mail. More: continued here

Stephen Davies: Veil of silence over Royal Mail pensionsYorkshire Evening PostTHE Government's handling of the sale of Royal Mail has attracted a great deal of criticism, most of it focusing on the fact that the share price has increased by 70 per cent since its flotation. The accusation is that …