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Cable 'knew Royal Mail was sold off on the cheap'
Mr Cable cost the taxpayer £1 billion by setting the share price too low
Proof emerged yesterday that Business Secretary Vince Cable knew he was selling off Royal Mail on the cheap.
Mr Cable cost the taxpayer £1 billion by setting the share price too low.
According to Freedom of Information requests, the 21 banks pitching to work on the floatation valued Royal Mail at between £4bn and £4.8bn.
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