Royal Mail

Royal Mail privatisation 'undersold the taxpayer'Public FinanceThe privatisation of Royal Mail report found the Department for Business, Innovation and Skills had set the share price conservatively to ensure the sale was completed, but lost out when shares subsequently rose substantially in initial trading. Royal… More: continued here

Royal Mail sale left public 'short-changed'ITV News… sale left public 'short-changed'. The National Audit Office has completed its independent assessment of the way in which the sale of Royal Mail was conducted and has come to the clear view that the government sold the company for less that it was …

What are your Royal Mail shares worth?Telegraph.co.ukWhat are your Royal Mail shares worth? Enter the value of your shares in Royal Mail to calculate their worth based on the current share price. By Telegraph interactive team. 7:00AM BST 31 Mar 2014. I bought my shares on the government website. How …

The Conservative-led government sold a majority stake in the postal service last year, putting the system under private control for the first time in its 500-year history. Audit Office chief Amyas Morse said the government's approach "was marked by deep caution, the price of which was borne by the taxpayer." …

Royal Mail Sell-Off 'Cost Taxpayer Millions'Sky NewsAmyas Morse, head of the NAO, said: "The department was very keen to achieve its objective of selling Royal Mail, and was successful in getting the company listed on the FTSE 100. Its approach, however, was marked by deep caution, the price of which …

Royal Mail could have been sold for more but threat of strikes hampered value, minister says, as watchdog issues scathing report         More: continued here

UK watchdog says Royal Mail sale short-changed taxpayerReutersBritain's decision to sell a 60 percent stake in Royal Mail last October for 330 pence a share has been heavily criticised by opposition politicians as too cheap after shares in the firm have risen since then by as much as 87 percent. …

Taxpayers lost £2.3bn in cheap Royal Mail sell-offDaily MailIn order to sell the business, the NAO said Royal Mail's£8.6billion pension black hole had also been given to the taxpayer. While it has received £28.8billion of assets from the pension fund, it has also been left with £37.4billion of liabilities … …

Britain's public spending watchdog said on Tuesday the government's cautious approach to last year's sell-off of state postal group Royal Mail had led to a sale price that had short-changed the taxpayer. Britain's decision to sell a 60 percent stake in Royal Mail last October for 330 pence a share …

BBC News Royal Mail sale price 'too cautious'BBC NewsThe privatisation of Royal Mail did not achieve the best value for taxpayers because of the government's "deep caution", the spending watchdog says. The National Audit Office said too much emphasis was put on completing the sale within this Parliament, …UK watchdog says …