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.
Appetite for Royal Mail shares crashes broker's website
Appetite for Royal Mail shares have caused the website of one of the lead brokers involved in the float to crash. Hargreaves Lansdown's website experienced huge problems whilst phone lines were clogged, meaning some investors were unable to trade.
A spokesman for the firm apologised, saying the brokerage had seen "unprecedented demand."
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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.