<p>The Royal Mail share sale objectives included a requirement for the sale to represent overall value for money for the tax payer. This objective was taken into consideration in all decisions relating to the Initial Public Offering in October. The National Audit Office has announced that it will be conducting a value for money examination of the privatisation of Royal Mail Plc to be published in spring 2014.</p><p>The successful bid for the mortgage style student loans from Erudio Student Loans was judged to represent the best available value for money option following a competitive process involving around 40 interested parties and 10 serious bids. The price paid is also in excess of the estimated value of the loans to the Government had it retained them.</p>