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UK Budget Deficit Swells as Recession Pounds Taxes – Bloomberg

Telegraph.co.uk UK Budget Deficit Swells as Recession Pounds TaxesBloomberg –Jan 21, 2009The shortfall was boosted largely by the 20 billion-pound recapitalization of Royal Bank of Scotland Group Plc, now 58 percent owned by the government. …Our banks are too important to be left in private handsguardian.co.ukBritish press gloomy on bank rescueAFPSecond …

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Superbank II – The Sun

The Sun Superbank IIThe Sun, UK –1 hour agoROYAL MAIL is on track to DOUBLE profits this year. Bosses yesterday said controversial cost-cutting programmes had paid off — and the company was now on a … More: continued here

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Scottish Labour undermine Royal Mail (SNP)

SNP Business and Enterprise spokesperson, Mike Weir MP, has expressed dismay at Scottish Labour’s use of a private postal company to deliver party material – at a time when Royal Mail is threatened with privatisation by Labour Business Secretary Lord Mandelson. More: continued here

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Who profits? – Hell Mail

Hell Mail Who profits?Hell Mail, UK –46 minutes agoDave Ward, the Communication Workers' Union's deputy general secretary, said: "Royal Mail is again giving us mixed messages on its financial health. … More: continued here

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