Royal Mail sale: ministers set to go where Thatcher feared to tread

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Business minister Michael Fallon says privatisation of postal service is a 'practical, logical, commercial decision' Business minister Michael Fallon has fired the starting gun on a £3bn privatisation of Royal Mail and described the sell-off as a "practical, logical, commercial decision". At least 10% of the shares will be handed to Royal Mail employees, but the government refused to say whether …

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