Royal Mail Privatisation: CWU Union Demands Vince Cable's Resignation

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Vince Cable has been urged to resign by the Communication Workers' Union (CWU) after it emerged that the Royal Mail had been valued at £9.95bn ahead of its stock market flotation, nearly three times the £3.3bn finally chosen. CWU general secretary Billy Hayes said: "We now have a prima facie case of a conspiracy against the UK taxpayer who were opposed to the sale and have now been robbed of …

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