Honey I Sold The Assets Too Cheaply!

A Privatisation and how not to do it? Well, recently we had Lord Myners’  report on the Royal Mail flotation, and, along with it, some targeted criticism at the structure, process and net result of it all. Seemingly it could have netted a further £180m for the tax payer and whilst not a lot of money it should not be ignored; though it is a mere drop in the budgets of the Treasury. (more…)