Taxpayers lost £750 million in the privatisation of Royal Mail as "deep caution" by the government led to shares being underpriced at their initial offering, the National Audit Office (NAO) said Tuesday. The spending watchdog suggested that the 330p sale price at last October's offering was too low — they now trade 70 percent higher…
The National Audit Office said 'better value' could have been achieved for the taxpayer from the sale of the postal service, which is now worth £5.5billion. More: continued here
SELLERSBURG — Spring is in the air which can only mean one thing — travel season is in full swing. Whether you’re planning a trip to the Eiffel Tower in Paris, the Great Wall of China or the Egyptian pyramids, don’t forget to pack your passport. More: continued here
Fleeced over Royal Mail sale? They're bankers. What did we expect?The IndependentTo sell a £1.7bn stake in the Royal Mail, the Government had to hire an investment bank to recommend seven investment banks to persuade other investment banks to buy the shares. These same bankers and their fund-manager peers deal with each other … More: continued…
ABC News Food stamps: 'Scottish aristocrats' accused of fraud while living on yacht …The OregonianJennifer Noonan, 24, and her children, Taima Willeto (left) and Wenona Willeto receive cash assistance for needy families, food stamps and a federal housing voucher. Noonan says she's desperate to get off welfare by getting an education but will …'Royal' Couple…
Engineer sells “killer” 3D-printed follow-focus gears through eBayimaging resourceApparently it's quite difficult to find a decent, affordable follow-focus ring to transform your typical still photography lens into a more cinema-friendly one. Most of the rings out there have some annoying flaw: too bulky, or the ergonomics are weird … More: continued here
Louisville police accuse man of selling food stampsWDRB(WDRB) — Louisville Metro Police have accused a man of using a cell phone to sell his food stamps. According to an arrest report, officers were called to a business on E. Market St., near N. Shelby St., on a report of a man who was trespassing. When…
Post office a hot topic in Pleasant HillCrossville ChronicleCROSSVILLE — The Pleasant Hill Post Office is the news center of the town. It is where you go to find out who is sick or better, what's going on in the community, and any other tidbit you might find out from the bulletin board or a…
Daily Mail Victorian serial killer's personal letters bought for £4000 on eBay by a …Daily MailHer letters, written from prison and addressed to a man who had lodged at Cotton's home, make reference to solicitors and financial problems and were put up for sale on eBay. An online campaign was launched to raise the £4,000…
Broker spotlight: Royal Mail, Phoenix Group, Arm, Reckitt Benckiser, Accesso …Proactive Investors UKLife insurer shares were hit hard on Friday after the leak of a FCA investigation into closed books on products sold before 2000. The probe will look at “rip-off” exit charges on pensions and investments, poor service and high exit fees if customers…