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.
Shares in Royal Mail have closed 37.9% up at 455p after a feverish first day of trading on the stock market.
It's a fire sale of a great institution at a knock-down price. It has been undervalued for taxpayers and undervalued for customers.
Its a dogmatic privatisation by this government and they have made it even worse by undervaluing it.
The Government are doing it for ideology and it's not in the best interests of this country.
A roaring first day's trading in Royal Mail shares has seen Government accused of undervaluing the company before its stock market launch.
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.