End of an era for Huson Post Office – KPAX-TV

End of an era for Huson Post OfficeKPAX-TVHUSON – The Huson Post Office closed on Monday, probably for good. An independent contractor operated the Huson Post Office. She told us Monday that she cancelled the agreement with the Postal Service because she lost the lease on her building and …and more » …

Read More »

Govt: Royal Mail sale

Our course of action was appropriate given the significant risks at the time and the fact that the alternative of a failed sale would have been the worst outcome for the taxpayer. More: continued here

Read More »

Royal Mail Sell-Off 'Cost Taxpayer Millions'

Taxpayers lost out due to the Government's low valuation of Royal Mail (Other OTC: ROYMF – news) shares during its privatisation, the National Audit Office has found. The Government sold £2bn-worth of shares in October, amounting to 60% of the company. The NAO points out that on the first day …

Read More »

NAO says Royal Mail sale short-changed taxpayer

The National Audit Office (NAO) said on Tuesday the government's cautious approach to last year's sell-off of state postal group Royal Mail had led to a sale price that had short-changed the taxpayer. The government's decision to sell a 60 percent stake in Royal Mail last October for 330 pence …

Read More »