(AFX UK Focus) 2009-05-05 03:04 UK Brown’s aides looking at Royal Mail plan-report (Interactive Investor)

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LONDON, May 4 (Reuters) – Aides to British Prime Minister Gordon Brown are examining proposals to turn the state-owned postal company Royal Mail into a not-for-profit company, instead of pursuing plans to sell a minority stake to the private sector, the Guardian newspaper said on Tuesday. The move would be an attempt to head off another embarrassing parliamentary defeat for a prime minister who …

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