Royal Mail shares close up 38%
Shares in Royal Mail have closed 37.9% up at 455p after a feverish first day of trading on the stock market.
Royal Mail workers protest outside Stock Exchange
Postal workers staged a protest outside the London Stock Exchange in the City this morning, as investors scrambled to buy shares in the 500-year-institution.
Bill Hayes, leader of the Communication Workers Union said the flotation was a "tragedy" and that the union would ballet members next week for strike action.
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Value doubts as Royal Mail posts big share rise
A roaring first day's trading in Royal Mail shares has seen Government accused of undervaluing the company before its stock market launch.
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Royal Mail shares to be priced at 330p on debut
Royal Mail shares will be priced at 330p when it makes its stock market debut, valuing the group at £3.3 billion, the Government announced.