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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HMS Enterprise assisted with saving more than 6,500 migrants off the coast of Libya on Tuesday.
Abu Muhammad Al-Adnani, cited as so-called Islamic State's official spokesman, was reported as killed in Syria by the group's media branch.
More cloud tomorrow with showery bursts of rain sliding southwards and eastwards through England and Wales.