Labour MP and shadow business secretary Chuka Umunna
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Royal Mail sell-off 'on the cheap'

10 July 2013 Last updated at 13:30 BST

The proposed sell-off of Royal Mail is being done "on the cheap" to bring in quick money for the government, the shadow business secretary has said.

Labour MP Chuka Umunna said the government "had pressed on regardless" with its plans and had "failed to adequately justify why it must sell now."