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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Ukip has "formally reprimanded" Mike Hookem over a scuffle with colleague Steven Woolfe which landed the latter in hospital.
Popular cleaning products promoted as being fine to be flushed doing the toilet are being blamed for clogging drains and causing floods.
Showers blowing in from the West across Wales, Northern Ireland and Scotland. Largely dry with a few bright spells across central areas.