Postal worker
Media playback is unsupported on your device
Video

Royal Mail 'short-changing taxpayer', says Labour

Shadow Business Secretary Chuka Umunna says the taxpayer has been "short-changed" over the privatisation of Royal Mail.

Taxpayers may have lost out on about £1bn because the government under-estimated the demand for shares, according to a group of MPs.

Go to next video: Hayes: Cable blaming everybody else