Home / Royal Mail / Royal Mail share price fail lost taxpayers £1bn says MPs' report as Vince Cable slammed

Royal Mail share price fail lost taxpayers £1bn says MPs' report as Vince Cable slammed

Taxpayers lost out on at least £1billion because the Government flogged Royal Mail on the cheap, a committee of MPs has found. The group’s scathing report said Business Secretary Vince Cable massively underestimated the demand for shares because of shoddy advice from bankers.

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