The Sale Of Royal Mail Continues To Be A Contentious Issue Re Government Undervaluing

The video discusses the Royal Mail's status as a thriving business despite being 500 years old. It highlights the government's failure to accurately value the company during its sale, leading to criticism from MPs and experts. The undervaluation resulted in a significant loss to the public purse. The government aimed to secure a stable future for Royal Mail, involving new investments and opportunities for the workforce. However, the sale price was considered too low, and many believed the true value was evident at the time. The video concludes with differing opinions on the government's handling of the sale.

What was the government's primary goal in selling Royal Mail?

• To eliminate competition

• To secure a stable future for the company

• To privatize all postal services

• To reduce the workforce

What was the initial sale price of Royal Mail shares?

• 475 pence

• 500 pence

• 330 pence

• 400 pence

What did critics say about the government's valuation of Royal Mail?

• It was too high

• It was inadequate

• It was irrelevant

• It was perfect

Who believed that Royal Mail was undervalued at the time of sale?

• Foreign investors

• Government advisers

• Bankers

• Royal Mail employees

How does the government justify its actions regarding the sale?

• By stating that hindsight is not helpful

• By blaming the workforce

• By saying the sale was unnecessary

• By claiming market conditions were unfavorable