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Royal Mail sale to be put on hold (Guardian Unlimited)

• Ministers promise to wait for bidders to raise offers • Brown told delay is price of many MPs’ support The government’s plans to part-privatise the Royal Mail are to be put on hold pending an increase in the price bidders are willing are to pay, ministerial sources said last night, in what is likely to be seen as a significant concession to Labour rebels. Ministers indicated they intend to go …

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