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Labour Steps Up Pressure On Royal Mail Fees

Labour is intensifying the pressure on Vince Cable to clarify whether millions of pounds of public money will be paid to bankers who worked on the controversial privatisation of Royal Mail. Chuka Umunna, the shadow business secretary, has told Sky News that paying more than £4m in discretionary fees to City advisers would "add insult to injury" after a parliamentary report accused the Government …

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