Royal Mail: was the sell-off undervalued by £6bn?

The Royal Mail sell-off appears an increasingly dismal deal for the taxpayer. Its been disclosed that investment bank JP Morgan told the Government it could flog the postal operation for close to £10bn rather than the £3.3bn the Coalition settled for on 11 October.

Postal workers union leader Billy Hayes wants business secretary Vince Cable sacked. Just another unproductive row? %VIRTUAL-SkimlinksPromo%