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MPs claim Royal Mail sell-off cost taxpayers £1 billion

Taxpayers have lost £1 billion over Royal Mail's privatisation because the Government underestimated demand for shares, MPs have reported.

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Royal Mail shares in numbers

MPs have accused the Government of shortchanging taxpayers out of £1 billion over the Royal Mail sell-off but the Business Secretary said it was the best price they could get at the time.

  • The Government sold shares in Royal Mail at 330p
  • The all-time high was 618p per share
  • Royal Mail shares are currently trading at 473p

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