Govt: Royal Mail sale 'raised almost £2bn'ITV NewsOur course of action was appropriate given the significant risks at the time and the fact that the alternative of a failed sale would have been the worst outcome for the taxpayer. The sale price secured by the Government was based on a …
Read More »End of an era for Huson Post Office – KPAX-TV
End of an era for Huson Post OfficeKPAX-TVHUSON – The Huson Post Office closed on Monday, probably for good. An independent contractor operated the Huson Post Office. She told us Monday that she cancelled the agreement with the Postal Service because she lost the lease on her building and …and more » …
Read More »Govt: Royal Mail sale
Our course of action was appropriate given the significant risks at the time and the fact that the alternative of a failed sale would have been the worst outcome for the taxpayer. More: continued here
Read More »Royal Mail sale: the bungled pricing of a valuable property – The Guardian
The Guardian Royal Mail sale: the bungled pricing of a valuable propertyThe GuardianThe bungled pricing of Royal Mail left the taxpayer out of pocket by £750m on day one – more than enough to build a major general hospital. By any measure, Royal Mail was savagely underpriced, coming to the …
Read More »Royal Mail Sell-Off 'Cost Taxpayer Millions'
Taxpayers lost out due to the Government's low valuation of Royal Mail (Other OTC: ROYMF – news) shares during its privatisation, the National Audit Office has found. The Government sold £2bn-worth of shares in October, amounting to 60% of the company. The NAO points out that on the first day …
Read More »Royal Mail: Investors saw a profit and took it – ITV News
ITV News Royal Mail: Investors saw a profit and took itITV NewsIn a sense the sale was a huge success – such was thestampede for a piece of the action that by the end of day the shares that thegovernment had sold for 330 pence were changing 455 pence – …
Read More »Post Office Hour Cuts Upsets A Growing Town
It is about to get tricky for customers in Horace to mail their packages and get stamps. Their post office retail windown will go from being open 8 hours a day to only being open for 6 hours a day. It's More: continued here
Read More »eBay Signs Retail Chains to Same-Day Delivery Service – EcommerceBytes
eBay Signs Retail Chains to Same-Day Delivery ServiceEcommerceByteseBay Now is a same-day delivery service, but not for items offered on eBay.com by its millions of sellers – at least not yet. Instead, the eBay Now service is exclusively for local brick-and-mortar retailers in certain cities: San Francisco and the …and …
Read More »Your View: Last chance to save New Bedford Post Office – SouthCoastToday.com
Your View: Last chance to save New Bedford Post OfficeSouthCoastToday.comAs a retired Postal Service employee I stand in staunch opposition to the relocation of the Downtown George N. Leighton Main Post as proposed by the U.S. Postal Service. Although USPS real estate representative Joseph J. Mulvey was quick to point …
Read More »Royal Mail shares: taxpayers and small investors lost out – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares: taxpayers and small investors lost outTelegraph.co.ukMinisters justified that decision by arguing that institutional investors were more likely to hold the shares for a long period, ensuring stable ownership for Royal Mail. But the NAO found that most of the “priority” investors sold some or all of …
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