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MPs: Taxpayer Short-Changed On Royal Mail Sale

The controversy over the £3.3bn privatisation of Royal Mail has erupted again as an influential group of MPs has criticised Vince Cable over his handling of the sale. In a coruscating report, the Business, Innovation and Skills (BIS) Select Committee endorsed the view of the National Audit Office (NAO) that taxpayers had been left short-changed by Royal Mail's flotation. The MPs said that Mr …

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