Home / Royal Mail / UK sold Royal Mail too cheaply, but not by much – official report

UK sold Royal Mail too cheaply, but not by much – official report

LONDON (Reuters) – Shares in Britain's Royal Mail postal service should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report said on Thursday. Lord Myners, a former Labour minister commissioned to see if the government could improve the way it sells public assets, said on Thursday that …

More: continued here

About admin

Check Also

Tracked deliveries and parcels boost Royal Mail performance

The takeover bid for Royal Mail’s parent group has cleared two more regulatory hurdles, and …

Leave a Reply

Your email address will not be published.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