UK sold Royal Mail too cheaply, but not by much – official report

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LONDON (Reuters) – Shares in Britain's Royal Mail postal service should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report said on Thursday. Lord Myners, a former Labour minister commissioned to see if the government could improve the way it sells public assets, said on Thursday that …

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