Vince Cable 'Foolish' Over Royal Mail Sale Process, Warns Tory MP

Vince Cable was "foolish" to dismiss Royal Mail's high price post-privatisation as "froth" as ministers failed to stop a "City cabal" from making a "killing" by cashing in on their shares, a Tory MP warned. Speaking to the Huffington Post UK, Brian Binley, a member of the business select committee, branded last October's "unethical and immoral" flotation process a "debacle". Binley savaged Cable …

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