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Royal Mail announces £225m profit

Royal Mail said today that for the first time in almost 20 years all four of its businesses were in profit. The publicly owned group, at the centre of controversial proposals to sell a minority stake to an outside investor, said that it had made a profit of £255m in the first nine months of the year, more than £90m ahead of the total for the whole of last year. Full-year profits are expected to …

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