* FCA says failure one of pricing, not regulatory * Royal Mail shares still 55 pct above offer price (Adds quotes, details) LONDON, April 28 (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail , it said on Monday, rejecting calls from lawmakers who said …
Read More »Cable grilled for third time over Royal Mail – CITY A.M.
Cable grilled for third time over Royal MailCITY A.M.In October last year the government sold 60 per cent of Royal Mail at 330 pence per share, ending 500-years of state control and raising £2bn for the public purse. However the company's share price has since risen by as much as …
Read More »MPs to quiz Cable over Royal Mail – Herald Scotland
MPs to quiz Cable over Royal MailHerald ScotlandBUSINESS Secretary Vince Cable is facing another grilling this week by fellow MPs over the controversial privatisation of Royal Mail. BUSINESS Secretary Vince Cable is facing another grilling this week by fellow MPs over the controversial privatisation … More: continued here
Read More »Royal Mail is under MPs’ microscope – The Times (subscription)
The Times (subscription) Royal Mail is under MPs' microscopeThe Times (subscription)The cream of the City of London is to be hauled across town this week to the Palace of Westminster in an unprecedented three-day parliamentary inquiry into last autumn's privatisation of the Royal Mail. During the consecutive days of questioning …
Read More »'No need' for Royal Mail sale probe
A city regulator said the spike in the share price of Royal Mail on the day of privatisation was at the "top end" of what would be expected when a firm floated but there was no need to launch an inquiry into the sale. More: continued here
Read More »Regulator says will not investigate Royal Mail sell-off – Reuters UK
The Independent Regulator says will not investigate Royal Mail sell-offReuters UKLONDON (Reuters) – Britain's financial regulator will not investigate the government's sale of Royal Mail, it said on Monday, rejecting calls from lawmakers who said a sharp rise in the firm's share price should have set alarm bells ringing. Last …
Read More »Regulator says will not investigate Royal Mail sell-off
Britain's financial regulator will not investigate the government's sale of Royal Mail, it said on Monday, rejecting calls from lawmakers who said a sharp rise in the firm's share price should have set alarm bells ringing. Its share price has since risen by as much as 87 percent, offering quick …
Read More »City watchdog says won't waste resources on Royal Mail probe
The boss of the Financial Conduct Authority has told MPs that there is no evidence of regulatory failure despite the initial 38pc jump in Royal Mail shares More: continued here
Read More »Royal Mail and CWU have found a grown-up way to conduct relations
Union will have the right to make representations to the Royal Mail board – plus, there will be monthly chinwags Struggling to get a decent pay rise? Unhappy about being on a zero-hour contract? Concerned about the size of your pension pot for when you retire? Then join a union …
Read More »Fresh grilling over Royal Mail sale
The controversial privatisation of Royal Mail will come under the spotlight again this week with a series of hearings by MPs and renewed questioning of the Business Secretary. More: continued here
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