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."

We've more than doubled dealing staff, throwing all resources we can at executing client trades.

Read: Trader describes busy morning on the stock market

Advertisement

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.