Taxpayers have lost £1 billion over Royal Mail's privatisation because the Government underestimated demand for shares, an influential group of MPs has reported.
Ministers were accused of being afraid to fail over last year's sell-off and of receiving "poor quality" advice.
In a hard-hitting report, the Business Select Committee said taxpayers were missing out on "significant value."
The advice ministers received on the sale was not up to standard, the MPs concluded.
More top news
A Which? investigation showed that users of Virgin Media's Super Hub 2 router could be at risk of a hacking attack.
New figures show the government spent nearly £140,000 pursuing a case against a father who took his daughter on holiday during term time.
A report from the National Office of Statistics says the government failed to fully consider the cost to consumers of Hinkley Point C.