UK lawmakers warn Royal Mail against further price hikes

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A committee of British lawmakers on Thursday warned postal operator Royal Mail (LSE: RMG.L – news) not to increase its prices to help the firm meet its state-mandated delivery obligations, and to instead focus on improving efficiency. Royal Mail, in which the government retained a 30 percent stake after its privatisation in 2013, is the country's chosen postal operator tasked with delivering …

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