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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. …

'Misprinted Stamps Escape Postal Vault'PR Newswire (press release)The Postal Service has printed 100 additional sheets of stamps of the recently issued $2 Inverted Jenny stamp but with the plane flying right-side up. These very limited edition stamps were circulated with the recent issue of stamps mimicking the .and more » More: …

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 … …

WASHINGTON, April 1, 2014 /PRNewswire-USNewswire/ — The Postal Service has printed 100 additional sheets of stamps of the recently issued $2 Inverted Jenny stamp but with the plane flying right-side up. These very limited edition stamps were circulated with the recent issue of stamps mimicking the most famous stamp error …

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 …

Govt: Royal Mail sale 'raised almost £2bn'ITV NewsOur course of action was appropriate given the significant risks at the time and the fact that the alternative of a failed sale would have been the worst outcome for the taxpayer. The sale price secured by the Government was based on a …