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The Guardian Taxpayers and customers short-changed by Royal Mail sell-offThe GuardianIn the Royal Mail case (Undervaluing Royal Mail cost taxpayer £750m in one day, 1 April), the institution was going to be sold/privatised no matter what and the appropriate objective was to raise as much cash as possible for the …

Deputies are searching for suspects caught on camera in a credit and debit card fraud investigation involving the post office. More: continued here

WASHINGTON — Representative Paul Ryan, Republican-Wis., on Tuesday laid 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 Obama’s health care law, just as millions begin to see its …

The secret life of a food stampMarketplace.orgThis story is Part I in a collaboration with Slate called “The Secret Life of a Food Stamp.” Last night, as the clock struck 12:01 on the first of the month, some lines of computer code triggered a series of financial transactions that have …

Surveillance shows suspects in post office credit card fraud caseKPTV.comThe investigation began last month after three people reported getting fraudulent charges on their accounts after buying stamps from self-service kiosks at post offices in Beaverton and Aloha. Now, deputies say there are eight confirmed victims. Each … More: continued here

'Botched' Royal Mail sell-off saw 16 'priority' investors cash in on share …This is MoneyThe government's privatisation of Royal Mail short-changed the taxpayer by £1billion it was revealed today in a damning report on the 'botched' floatation of the 500-year-old company on the London stock market. A group of institutional …

FedEx Corp. announced last week the opening of a container freight station in Chicago to facilitate shipments to Puerto Rico. More: continued here

UK auditor says Royal Mail was sold off cheaplyBoston.comLONDON (AP) — The British government cost taxpayers millions by selling off the Royal Mail at too low a price, the country's public-spending watchdog said Tuesday. The Conservative-led government sold a majority stake in the postal service last year, … More: continued here

Royal Mail sell-off: 6 alternative ways to spend £750mThe GuardianThe UK government's sale of Royal Mail cost taxpayers £750m in a single day, according to the National Audit Office. Ignoring City experts who said the privatisation was severely undervalued, Vince Cable went ahead with a maximum price of 330p a …

Scotsman Comment: Weir bid plans | Royal MailScotsmanTHERE is little doubt that the UK government sold the Royal Mail cheaply. Whether it was a result of incompetence, caution or a deliberate move to allow ordinary retail investors to benefit from the subsequent rise in the share price is a matter …