Royal Mail undervalued by the government

The video discusses the controversy surrounding the Royal Mail sell-off, highlighting discrepancies in its valuation by major banks like JP Morgan, Citigroup, and Deutsche Bank. Despite the government's defense of its valuation strategy, the debate continues, with the Communication Workers Union demanding accountability from government officials.

What was the main issue faced by the government regarding the Royal Mail sell-off?

• The company was not sold.

• The valuation was much lower than expected.

• The sell-off was delayed.

• The sell-off was illegal.

Which bank estimated Royal Mail's value to be up to £9.95 billion?

• Barclays

• Deutsche Bank

• Citigroup

• JP Morgan

What was Citigroup's estimated valuation of Royal Mail?

• £6.9 billion

• £7.3 billion

• £5 billion

• £8 billion

How did the government justify the initial share price surge?

• It was a temporary fluctuation.

• It was a result of high demand.

• It was an error in calculation.

• It was due to market fraud.

What action did the Communication Workers Union demand from Mr. Cable?

• To apologize publicly.

• To negotiate with banks.

• To increase the share price.

• To resign from his position.