Taxpayers may have lost out on around £1bn in undervalued Royal Mail shares and assets, a committee of MPs says. More: continued here

The controversy over the £3.3bn privatisation of Royal Mail has erupted again as an influential group of MPs has criticised Vince Cable over his handling of the sale. In a coruscating report, the Business, Innovation and Skills (BIS) Select Committee endorsed the view of the National Audit Office (NAO) that …

The Government has been accused of “letting down” the Post Office after it revealed a drop in sales. Revenues fell by £55million last year as the network suffered a cut in taxpayer support and fewer parcels because of competition and a price rise. More: continued here

New York Times Britain to Review IPO Process After Criticism of Royal Mail OfferingNew York TimesLONDON – The British government began an “informal review” on Wednesday of how it pursues initial public offerings of government assets in the wake of questions about whether the Royal Mail offering last year was …

BBC News Taxpayers 'lost £1bn' on Royal Mail sale, MPs sayBBC NewsTaxpayers may have lost out on around £1bn from the undervaluing of Royal Mail, a committee of MPs has said. The government feared failure and acted on bad advice over the Royal Mail stock market flotation, reports the Business, …

CITY A.M. Royal Mail sale set for new probeCITY A.M.Myners and a panel of experts have been drafted in as the Business, Innovation and Skills (BIS) select committee prepares to publish a damning report into the Royal Mail sell-off, which argues that taxpayers were left shortchanged after shares in the …

TAXPAYERS have lost £1 billion in the "botched" sell-off of Royal Mail because the UK Government underestimated the demand for shares, according to a damning new report. More: continued here

Meeting on Riceville Post Office hours is July 17Waterloo Cedar Falls CourierRICEVILLE | Post office customers could see an increase in window service hours beginning Oct. 1, pending results of a survey. However, they will also lose their full-time postmaster, Sherri Sisson. Postal service management officials will meet at 3 …

Toronto Sun eBay's Braintree Releases v.zero SDK – Analyst BlogNASDAQLast year, eBay acquired Braintree for $800 million in cash in a bid to enhance PayPal's mobile payments capabilities. The latest launch is the first big move by Braintree since its acquisition. Braintree is a payment processing company, which helps …EBay's Braintree …

The Herald | HeraldOnline.com Van Wyck likely to keep post officeThe Herald | HeraldOnline.comBrian White, a Charlotte-based supervisor with the U.S. Postal Service, said the 50 or so people Wednesday were the most he'd ever seen turn out at a meeting to discuss service changes at a local post office. …