(AFX UK Focus) 2010-04-12 15:57 Royal Mail stake sale could be revived – Mandelson

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LONDON, April 12 (Reuters) – Plans to sell part of Britain’s state-owned Royal Mail postal service could be revived in the future, Business Secretary Peter Mandelson said on Monday, denying that the idea had been shelved for good. Britain’s ruling Labour Party dropped plans to sell up to 30 percent of the company last July, saying market conditions were not favourable. Labour’s programme for …

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