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Royal Mail Sale 'Left Taxpayer Short Changed By £750m' – NAO Report

Royal Mail's privatisation left taxpayers short changed by £750 million as ministers were "too cautious" in their pricing of the business at just 330p-a-share, a hard-hitting official report has found. The National Audit Office, the government's public spending watchdog, said that the government's desire for a successful Royal Mail sale, by ensuring investors were not put off by a prohibitively …

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