Monday, March 31, 2014

Taxpayers lost £2.3bn in cheap Royal Mail sell-off: Government watchdog"s report lays bare how city hit jackpot from the sale

Postal service was floated on stock market in October, valued at £3.3bn
Today it’s worth £5.6bn and investors have benefited from share price hike
National Audit Office claim it was priced too cheaply and could have achieved ‘better value for taxpayers’

By
Becky Barrow


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Taxpayers lost £2.3bn in cheap Royal Mail sell-off: Government watchdog"s report lays bare how city hit jackpot from the sale

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