Home / Royal Mail / Royal Mail Sale Has 'Cost The Taxpayer', Warns Tory MP

Royal Mail Sale Has 'Cost The Taxpayer', Warns Tory MP

The Royal Mail's controversial privatisation has ended up costing the taxpayers money, a Tory MP has warned, as it was undervalued by the banks before it entered the stock market. Brian Binley, Tory member of the Business select committee, accused Goldman Sachs and UBS, the banks which advised the government on valuing Royal Mail at 330p a share, of not offering "helpful" advice. Speaking as …

More: continued here

About admin

Check Also

Perth and Kinross councillor granted permission to convert shop into living accommodation

A Perth and Kinross councillor has been given the go-ahead to convert a village post …

Leave a Reply

Your email address will not be published.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