Katy Balls Katy Balls

Sunak is taking a gamble on the Protocol

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Matthew Lynn

Labour will regret selling Royal Mail

It will maintain the single price ‘universal service obligation’. The government will keep its ‘golden share’. And there are ‘legally binding obligations’ to protect the company. The Labour government may feel it has negotiated enough concessions out of the Czech billionaire Daniel Kretinsky to allow his £3.6 billion takeover of Royal Mail to go ahead.

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