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Royal Mail sell-off unveiled

Business Secretary Vince Cable is announcing the flotation of Royal Mail which will mean people will be able to buy shares in the company. Members of the Communication Workers Union overwhelmingly oppose the scheme.

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BCC: Royal Mail service must be maintained after sale

Royal Mail provides a vital service for businesses across the UK. This service must be maintained regardless of the company’s future ownership structure.

Many services currently delivered by the public sector can be delivered effectively and efficiently by private companies. In the case of Royal Mail, the key is to ensure that privatisation delivers value-for-money to the taxpayer, and maintains the universal service obligation that sustains both businesses and individuals alike.

– Dr Adam Marshall from the British Chambers of Commerce

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