UK Mail sees group profit before tax slipStock Market WireStockMarketWire.com – UK Mail reports group revenues for the year at £429.0m were up 8.4% compared to the previous year. Adjusting for the increase in Royal Mail prices implemented on 6 May 2011, underlying Group revenues increased by 3.2%.UK Mail delivers …

The transfer of Royal Mail pensions into the public sector has given the Government's finances a one-off boost, offsetting a larger-than-expected surge in borrowing last month. More: continued here

Warburg leads $32 mln investment in Indian online firmReutersQuickr, which aims to use the cash to expand across online and mobile platforms, said existing investors that participated in this round include online retail giant eBay Inc, private equity Matrix Partners India and global venture capital firm Norwest …Warburg Pincus Leads …

New York Daily News More elderly NYC residents are getting food stampsWall Street JournalAP NEW YORK — The number of New York City residents over the age of 65 receiving benefits through the food stamp program has increased about 30 percent in the weak economy. But advocates say there's still …

UK Mail Group full-year pre-tax profit drops – Quick FactsRTT NewsAdjusting for the increase in Royal Mail prices implemented on May 6, 2011, underlying group revenues increased 3.2%. "These results show UK Mail's resilience during a year of tough trading conditions, in markets that are undergoing fundamental change.and more » More: …

Pensions move brings Treasury boostThe IndependentThe transfer of Royal Mail pensions into the public sector gave the Government's finances a one-off boost today, offsetting a larger-than-expected surge in borrowing last month. The Treasury achieved a £16.5 billion public sector net surplus in April …One-off transfer lowers UK public borrowing in …

Gizmodo UK SAP exec arrested for stealing $1K worth of LEGO with DIY bar code scamBoing BoingAnd then, it is alleged, he sold that hugely-discounted LEGO loot on eBay for a profit. Stealing and reselling LEGO on eBay is a thing! Back in 2005, Mark blogged about a guy from …

INSTANT VIEW 1-UK inflation falls in April public financesLondon South EastSeparately, ONS figures showed that Britain's public finances posted a record surplus in April due to one-off effects from the transfer of assets from the Royal Mail pension fund and profits from the Bank of England's special liquidity scheme.and more » …

Osborne Under Pressure as UK Budget Deficit WidensBusinessWeekThe public finances received a one-time boost of 30.3 billion pounds from the transfer of Royal Mail Group Ltd. pension assets to the public sector and the impact of the central bank's Special Liquidity Scheme. This left a budget surplus of 16.5 …U.K. …

BBC News UK posts surplus in April, thanks to Royal Mail assetsBBC NewsThe UK government posted a record £16.5bn budget surplus in April, thanks to the transfer of assets from the Royal Mail pension fund. Public finances were boosted by the one-off transferral of £28bn of Royal Mail assets, the …