Select Committee · Public Accounts Committee
The privatisation of the Royal Mail
Status: Closed
Opened: 8 Apr 2014
Closed: 14 May 2014
Background The Department for Business, Innovation and Skills sold 60 per cent of Royal Mail in October 2013 for £1,980 million. Given the scale and significance of what has been the first public offering for many years of shares in a publicly owned company, the National Audit Office conducted a value for money examination of …