► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Shares in Royal Mail hit 500p on Friday, more than 50 per cent above the offer price. Brian Groom, business and employment editor, talks to the FT's Daniel Garrahan about whether the UK government got it wrong and undervalued the stock.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes