UK lawmakers criticise government and advisers over Royal Mail sale

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By William James LONDON (Reuters) – Britain's biggest privatisation in years was blighted by a fear of failure and poor advice from state-appointed banks, a committee of lawmakers said on Friday following an inquiry into the 2 billion pound ($3.4 billion) sale of Royal Mail . Britain sold a 60 percent stake in the postal service at 330 pence per share last October after a politically charged …

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