MPs have torn into Business Secretary Vince Cable and his ministerial colleague Michael Fallon as they insisted the Royal Mail privatisation had been a success and they had no regrets over the controversial sell-off. More: continued here
Read More »Vince Cable and Michael Fallon accused of living in 'Alice In Wonderland' after claiming Royal Mail sell off was success
The Government was so desperate to sell off the business they were prepared to accept 'any cost', MPs said today. More: continued here
Read More »Trenton post office to close on Saturdays
The Trenton post office won’t be open on Saturdays starting May 24. More: continued here
Read More »British Parliament Berates 2 Officials on Royal Mail I.P.O.
Both Conservative and Labour ministers attacked Vince Cable, the British business secretary, saying the Royal Mail I.P.O. was priced too low and left as much as 1.2 billion pounds of taxpayer money on the table. More: continued here
Read More »Employee opens fire at FedEx sorting center
A FedEx employee wearing bullets draped across his chest "like Rambo" opened fire Tuesday at a package-sorting center outside Atlanta, wounding six people before apparently committing suicide, … More: continued here
Read More »Royal Mail Float May Not Have Got Best Taxpayer Value – Vince Cable
Vince Cable has admitted that Royal Mail 's controversial stock market flotation may not have got the "maximum value" for the taxpayer, as MPs accused him of letting it be sold at a "ridiculous" price. Members of the Commons business select committee criticised the Lib Dem business secretary's handling of …
Read More »Cuomo gets stamp of disapproval – 13WHAM-TV
13WHAM-TV Cuomo gets stamp of disapproval13WHAM-TVSpencerport, N.Y. — With more than 400 orders in about four days, Jim Arendt's online side business has become more like full-time job. His latest popular items are rubber stamps that read, "Cuomo must go! Your vote counts." Arendt, his wife and … More: continued …
Read More »Royal Mail Privatisation Will Not Face Probe, Says City Watchdog – Huffington Post UK
Royal Mail Privatisation Will Not Face Probe, Says City WatchdogHuffington Post UKFCA chief executive Martin Wheatley told MPs that the watchdog had seen no evidence of regulatory failure, despite being unable to say if the process – which saw Royal Mail's share price soar 38% in the first day – …
Read More »Royal Mail row shows we still don’t understand markets – The Conversation
Royal Mail row shows we still don't understand marketsThe ConversationBusiness secretary Vince Cable and the boss of the City is facing questions from parliamentary committees this week over the much-maligned sale of a stake in Royal Mail. So will we finally have a definitive… More: continued here
Read More »Six hurt, suspect dead in Georgia FedEx facility shooting
By Tami Chappell KENNESAW, Georgia (Reuters) – A FedEx Corp package handler armed with a shotgun opened fire at a shipping facility in suburban Atlanta early on Tuesday, injuring six people before killing himself, apparently with his own weapon, police and hospital officials said. Three people were in critical condition, …
Read More »