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Hedge fund TCI cuts stake in Royal Mail – Telegraph.co.uk

Telegraph.co.uk Hedge fund TCI cuts stake in Royal MailTelegraph.co.ukChris Hohn, the boss of TCI, has cut his holding in Royal Mail three months after building it, apparently confirming Vince Cable's fears that hedge funds would not be long-term holders of the company. In a regulatory statement, TCI said it had …

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PRESS DIGEST- British Business – Jan 20

The following are the top stories on the business pages of British newspapers. Chairman of newly-privatised postal service Royal Mail says Moya Greene is "lowest paid chief executive in the FTSE-100" and that a pay rise is a "necessary part of making sure we keep her." A senior Morrisons employee …

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