A committee of MPs says the taxpayer missed out on an extra £1 billion when Royal Mail was privatised last year.
The Commons business select committee says shares were undervalued, but Business Secretary Vince Cable dismissed the findings as "hindsight".
ITV News Political Correspondent Libby Wiener reports.
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Mild but cloudy
On his 93rd birthday, Robert Mugabe insisted he has no plans to stand down as Zimbabwe's leader and vowed to stand again in the election.
A Muslim teacher, who was denied entry to the US, has told ITV News he was 'distraught' when he was removed from the flight.