Bosses from six banks will appear before the Business Select Committee in Parliament today as controversy over the Royal Mail sale continues. Unions claim the taxpayer has lost hundreds of millions of pounds due to an undervaluation.
The Government has been urged to withhold any more payments to banks which advised it on its controversial privatisation of the Royal Mail amid continuing complaints that the taxpayer has lost hundreds of millions of pounds over the sell off.
The sale will come under the spotlight again today when MPs question bankers who provided valuations of the company before the flotation.
Those due to appear are John Mayne, JP Morgan; Ben Store, Citibank; Gert Zonneveld, Panmure Gordon; James Agnew, Deutsche Bank; James Robertson, UBS and Richard Cormack, Goldman Sachs.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.