Home / Royal Mail / Government loses £500m on failing to sell Royal Mail shares in March

Government loses £500m on failing to sell Royal Mail shares in March

The UK government opted against selling its entire stake in Royal Mail when shares were trading near a post-privatisation high, in order to avoid breaking a lockup agreement and upsetting City investors.

More: continued here

About admin

Check Also

High-street banks, pubs and more to close this week — full list

More banks are set to close over the next few months (Image: Getty) Well-known high …

Leave a Reply

Your email address will not be published. Required fields are marked *