Tax-payers £1 bn worse off: Royal Mail undersoldSNP (press release)Tax-payers are over £1 billion worse off as a result of the UK government's decision to sell-off Royal Mail below City banks' estimates, it has emerged. A range of investment banks valued Royal Mail last spring at up to £1.5bn more …

KRBD Douglas, Auke Bay post offices protected from closureJuneau Empire (subscription)The Douglas and Auke Bay post offices won't be closing their doors anytime soon, and any future efforts to shutter the pair now will have to clear a significant public process. The saving action happened more than 3,700 miles from …

Plymouth Herald Ebay fraudster who conned buyers out of tens of thousands of pounds is jailedPlymouth HeraldA FRAUDSTER who conned ebay users out of tens of thousands of pounds has been jailed for a year. Antonio Fonseca had £76,000 paid into his paypal account from buyers who thought they were …

Bob Puts Stamp On Career At Park Ridge Post OfficeJournal & Topics Newspapers Online… At Park Ridge Post Office By ANNE LUNDE Journal & Topics Reporter Journal & Topics Newspapers. Patrons of the Park Ridge Post Office, 333 Busse Highway, may miss a familiar face this week. Robert Kletnick, known …

Obama signing into law wide-ranging farm bill that trim food stamps aiding 1 …U.S. News & World ReportThe bill cuts food stamps by $800 million a year, or around 1 percent, one-fifth of the cut approved last fall by the Republican-led House. Conservatives remain unhappy with the bill and its …

Black Heritage Series stamp collection on display at Hartsville MuseumSCNowKathy Dunlap, director of the Hartsville Museum, said the museum has continued to add stamps to the Black Heritage Series as issued each year. “We have all of the stamps in the series except two,” she said. The museum's collection is …

Daily Mail Cheap sell-off of Royal Mail cost every family £55: Banks told Vince Cable he …Daily MailNick Clegg today brushed aside claims the government sold the Royal Mail on the cheap, insisting Vince Cable who was put in charge 'is not a sort of share price expert'. It came …

Royal Mail'Could Have Been Sold For £1.5bn More' Say BanksHuffington Post UKThe Business Department revealed in response to a Freedom of Information request that the average valuation for Royal Mail by the 21 investment banks was between £4 billion and £4.8 billion, significantly above the £3.3 billion price tag decided …

On the face of it, the new valuation figures, released by the business department, promise to provide further ammunition to those accusing the government of having very badly mishandled the sale of 60% of its stake in Royal Mail to the market last October. More: continued here

The Guardian Royal Mail privatised for up to £1.5bn less than City estimates of its valueThe GuardianThe furore over the sale of Royal Mail has erupted again after it was revealed that investment banks had estimated the company's value at up to £1.5bn more than its flotation price. Figures released …