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flag Former UK official Vince Cable urges Labour to block £3.6 billion Royal Mail sale to Czech billionaire.

flag Former UK Business Secretary Vince Cable has urged the Labour Party to block a £3.6 billion takeover bid for Royal Mail by Czech billionaire Daniel Kretinsky. flag Cable questions the bid’s value and Kretinsky's financial ties, though Kretinsky has promised to uphold Royal Mail's service standards. flag The deal needs government approval and will undergo a national security review, but approval is expected soon.

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