Vince Cable has said the "last thing" he intended to do was apologise for the Government's undervaluation of the Royal Mail (Other OTC: ROYMF – news) . The Business Secretary said the Government was right to take a "cautious" approach to the sale and had it not done so it would have put taxpayers' interests…
Royal Mail was 'undervalued & sale left public short-changed'ITV News… sale left public short-changed'. The National Audit Office has completed its independent assessment of the way in which the sale of Royal Mail was conducted and has come to the clear view that the government sold the company for less that it was worth. More:…
By Neil Maidment LONDON (Reuters) – Britain sold off Royal Mail too cheaply, the spending watchdog said on Tuesday, prompting the main opposition Labour party to accuse Prime Minister David Cameron's government of failing to look after the interests of taxpayers. Britain's decision to sell a 60 percent stake in the 500-year-old state postal operator…
Oregon food stamps, welfare numbers rose after long-term unemployment aid …The OregonianAlthough not substantial, the January increases were some of the most sizable since Oregon began to see a slow and steady decline in the number of food stamps and welfare recipients. The Oregon Department of Human Services saw a similar spurt after … More: continued…
MELAKA, April 1 (Bernama) — The Melaka Immigration Department arrested four Indonesians at the Banda Hilir Customs, Immigration and Quarantine (CIQ) Complex here for having forged social visa stamps in their passports. More: continued here
Politico Ryan Budget Would Cut Food Stamps and Medicaid DeeplyNew York TimesWASHINGTON — Representative Paul D. Ryan of Wisconsin on Tuesday will lay out a tough, election-year budget that purports to come into balance by 2024, in large part through steep cuts to Medicaid and food stamps and the full repeal of President …Paul Ryan Unveils…
Wyandotte Post Office to remain open for at least another year; Riverview …Southgate News HeraldIn December of 2011 Ed Moore, communications manager for the U.S. Postal Service's Detroit District, said declining mail volumes and improved efficiency were the major reasons the local post office could be on the chopping block, but it was not a…
UK Auditor Says Royal Mail Was Sold off CheaplyABC NewsBritain's public-spending watchdog says the government cost taxpayers millions by selling off the Royal Mail at too low a price. The National Audit Office says shares in the postal service were sold "substantially below" their actual trading price … More: continued here
The Prime Minister has defended the Royal Mail (Other OTC: ROYMF – news) sell-off, claiming it has been good for the taxpayer, despite a report saying the public purse had lost out. David Cameron said the sale had benefited the taxpayer in three ways: it had generated money for the country, the Royal Mail was…
Kmart And JCPenney Join eBay Now Because Why The Heck NotThe ConsumeristIt used to be be that eBay was the place where you could go to buy obscure collectibles and sell the remain of your broken computer. Instead of all of those regular civilian consumers, though, eBay is more interested in dealing with big retail…