Alan Johnson and Vince Cable
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Royal Mail privatisation: Alan Johnson and Vince Cable

Alan Johnson claimed to be a 'Thatcherite on Royal Mail privatisation" as the former postman looked at the future of the service, which the Tory prime minister declined to sell-off.

Business Secretary Vince Cable said Labour acknowledged the service needed a lot of investment and the current government plans had "nothing new or surprising".

He was behind selling off more than half of the postal service, with some shares going to the staff, although details were still be be worked out.

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