The Guardian Royal Mail sale underpriced by £180m, Myners report saysThe Guardian“I regard the Royal Mail privatisation to have been a complex exercise executed with considerable professionalism. Many previous governments attempted to sell but failed. The sale was done against a backdrop of global economic uncertainty and a threat … …
Read More »Inquiry: UK Lost £180m From Royal Mail Sale
Taxpayers lost out on a lower sum from the privatisation of Royal Mail than the £1bn suggested by MPs earlier this year, a report commissioned by Vince Cable will conclude this week. More: continued here
Read More »Inquiry: UK Lost £180m From Royal Mail Sale – Sky News
Inquiry: UK Lost £180m From Royal Mail SaleSky NewsEarlier inquiries by the National Audit Office (NAO) and the Business, Innovation and Skills (BIS) select committee said taxpayers had lost out on up to £1bn when the Government sold 60% of Royal Mail to private sector investors, including sovereign … More: …
Read More »Public shortchanged by Royal Mail sell-off – Scotsman
Scotsman Public shortchanged by Royal Mail sell-offScotsmanHowever, Mr Myners will also say he supports a wider review of so-called initial public offerings and the way the Shareholder Executive – which manages state-owned assets – handled the Royal Mail privatisation. His report will highlight some so-called … More: continued here
Read More »Royal Mail sale achieved 'significant value', Myners report says
Former city minister says sell-off was professionally executed and rejects claims £1bn more could have been raised A government-commissioned report on the sale of Royal Mail has concluded that £180m more might have been realised from the sale, but broadly backs ministers’ cautious approach to pricing. The report by former …
Read More »U.K. Royal Mail Sale Probe Recommends Flexibility in IPOs
A report on the sale of Royal Mail Group Plc (RMG) calls for changes to the way initial public offerings are managed in London , saying greater flexibility would have allowed the government to raise more money. More: continued here
Read More »Tiny Rudolph, Wis., stamps the most famous postmark of all – Online Athens
Online Athens Tiny Rudolph, Wis., stamps the most famous postmark of allOnline AthensAnd this year, business is even more brisk than usual after the U.S. Postal Service issued a commemorative set of Rudolph the Red-Nosed Reindeer forever stamps to celebrate the 50th anniversary of the popular television show. Rudolph — …
Read More »Sushi and tempura stamps will spice up your New Year’s cards, probably still … – RocketNews24
Sushi and tempura stamps will spice up your New Year's cards, probably still …RocketNews24That means most people need to make a trip to the post office to pick up some stamps, and Japan Post is happy to oblige with special New Year's varieties. And though the ones for the upcoming …
Read More »'Taxpayers Lost £180m From Royal Mail Sale'
Taxpayers lost out on a lower sum from the privatisation of Royal Mail than the £1bn suggested by MPs earlier this year, a report commissioned by Vince Cable will conclude this week. Sky News has learned … More: continued here
Read More »Royal Mail 'sold for right price'
The Government and taxpayer achieved "significant value" from the sale of Royal Mail and the right decisions were made over the pricing of shares, according to a report into the controversial privatisation. More: continued here
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