Page last updated at 12:18 GMT, Wednesday, 14 January 2009

Royal Mail 'not being privatised'

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More than 60 Labour MPs have signed a Commons motion urging the government to rethink a plan to sell off a minority stake in Royal Mail.

The Business Secretary Lord Mandelson has told the BBC's Nick Robinson that the plan is to bring in an experienced postal operator to help modernise the business, but he insisted the Royal Mail is not being privatised.

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