Judge the Royal Mail sale in three months, said Vince Cable. Time's up | Alex Andreou

Today's share price confirms the company was grossly undervalued, cheating the taxpayer out of billions of pounds "There's no way we will sell Royal Mail 'on the cheap'," promised the government in its Royal Mail: Myth-Busters factsheet , issued before the sale of most of our stake in the public asset, last October. Many commentators at the time thought the sale was irrational and the company …

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