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Student loan sell-off plan 'scuppered by Royal Mail scandal'
Labour's Paul Blomfield predicts privatisation project is sunk
Labour MP Paul Blomfield predicted yesterday that Tory plans to flog student debt to City sharks could have been sunk by the Royal Mail privatisation scandal.
The Sheffield Central MP said the government will not find privateers willing to pay enough for the £40 million sell-off plot to pass ministers’ value-for-money tests.
He said the Royal Mail rip-off has shown privateers will only rob public assets at bargain-basement rates.
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