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Royal Mail share sale increases UK borrowing by 300 million pounds

The government's transfer of some Royal Mail shares (RMG.L) to staff as part of the postal group's privatisation added 300 million pounds ($483 million) to public borrowing last month, the Office for National Statistics said on Tuesday. In a statement on how accounting rules applied to the public finances, the ONS ruled that the sale of shares to investors would have no impact on the main fiscal …

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