Taxpayers may have lost out on around £1bn in undervalued Royal Mail shares and assets, a committee of MPs has said. More: continued here
Read More »Murphy, Himes Thank Southport Residents For Engagement in Post Office Debate – Patch.com
Murphy, Himes Thank Southport Residents For Engagement in Post Office DebatePatch.comU.S. Senator Chris Murphy and Congressman Jim Himes issued a statement today thanking Southport residents for their work in persuading the U.S. Postal Service to cancel plans to reroute mail from the Southport Post Office to the Commerce Drive center …
Read More »Editorial: A healthy use for food stamps – Savannah Morning News
Editorial: A healthy use for food stampsSavannah Morning NewsThat's why the community should cheer the growth in the amount of food stamps being used to purchase food at the Forsyth Farmer's Market, open on Saturday mornings on the south end of the big park. Participation by people eligible for EBT …
Read More »UK lawmakers criticise government and advisers over Royal Mail sale
By William James LONDON (Reuters) – Britain's biggest privatisation in years was blighted by a fear of failure and poor advice from state-appointed banks, a committee of lawmakers said on Friday following an inquiry into the 2 billion pound ($3.4 billion) sale of Royal Mail . Britain sold a 60 …
Read More »Los Alamos post office to be listed on historical register – KRQE News 13
Los Alamos post office to be listed on historical registerKRQE News 13LOS ALAMOS, N.M. (KRQE) – The Los Alamos post office is set to be listed on a national register of historical places. Constructed in 1948, it was part of a multi-million dollar community center funded by the U.S. Atomic …
Read More »Why the Royal Mail sell-off proved a right royal rip-off – The Guardian
The Guardian Why the Royal Mail sell-off proved a right royal rip-offThe GuardianMinisters' fear of failure and poor advice from City advisers were two reasons why taxpayers were ripped off in the privatisation of the Royal Mail, concludes the business select committee. Fair comment. The National Audit Office reached a …
Read More »Royal Mail share price fail lost taxpayers £1bn says MPs' report as Vince Cable slammed
Taxpayers lost out on at least £1billion because the Government flogged Royal Mail on the cheap, a committee of MPs has found. The group’s scathing report said Business Secretary Vince Cable massively underestimated the demand for shares because of shoddy advice from bankers. More: continued here
Read More »Royal Mail sale 'lost taxpayers £1bn'
Taxpayers may have lost out on around £1bn in undervalued Royal Mail shares and assets, a committee of MPs says. More: continued here
Read More »MPs: Taxpayer Short-Changed On Royal Mail Sale
The controversy over the £3.3bn privatisation of Royal Mail has erupted again as an influential group of MPs has criticised Vince Cable over his handling of the sale. In a coruscating report, the Business, Innovation and Skills (BIS) Select Committee endorsed the view of the National Audit Office (NAO) that …
Read More »Government accused of 'letting down' the Post office as revenues plummet by £55million
The Government has been accused of “letting down” the Post Office after it revealed a drop in sales. Revenues fell by £55million last year as the network suffered a cut in taxpayer support and fewer parcels because of competition and a price rise. More: continued here
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