BBC News – Taxpayers ‘lost Ł1bn’ on Royal Mail sale, MPs say

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BBC News – Taxpayers ‘lost Ł1bn’ on Royal Mail sale, MPs say

11th July 2014, 06:40:AM

Taxpayers may have lost out on about Ł1bn from the undervaluing of Royal Mail, a committee of MPs has said. The government feared failure and acted on bad advice over the Royal Mail stock market flotation, reports the Business, Innovation and Skills select committee. The Department for Business said the MPs’ report contained “factual errors […]

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BBC News – Taxpayers ‘lost Ł1bn’ on Royal Mail sale, MPs say

BBC News – Taxpayers ‘lost Ł1bn’ on Royal Mail sale, MPs say

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