Vince Cable is facing further accusations of selling Royal Mail "on the cheap" after it emerged that 21 City banks estimated its sale could have been done for £1.5 billion more. The Business Department revealed in response to a Freedom of Information request that the average valuation for Royal Mail …
Read More »Would you like a short-term loan with your stamps? – Belleville News Democrat
Would you like a short-term loan with your stamps?Belleville News DemocratThat's the idea proposed in a new Office of Inspector General report and quickly championed by U.S. Sen. Elizabeth Warren, a Massachusetts Democrat. The inspector general for the U.S. Postal Service proposed that the nation's infrastructure of post …Would you …
Read More »Three Arrested After Post Office Pot Bust – NewsChannel5.com
Three Arrested After Post Office Pot BustNewsChannel5.comNASHVILLE, Tenn. – Three suspects have been arrested and accused of receiving a package containing 10 pounds of marijuana from an area post office. Officials with the Metro Nashville Police Department said 24-year-old Terrell Mills, 23-year-old Justin …Police say impatient suspect tipped them off to …
Read More »Royal Mail was valued £1.5billion more than it was eventually sold for, costing taxpayers hundreds of millions in lost …
Amid growing concerns shares were sold too cheaply, Freedom of Information requests revealed that 21 banks pitching to work on the floatation had valued the Royal Mail from £4bn to £4.8bn – well above the eventual sale price of £3.3bilion. More: continued here
Read More »First class award for post office and store
A Bradford post office owner is celebrating after seeing his business crowned Yorkshire’s ‘Post Office of the Year’ for the second time. More: continued here
Read More »Digital magazine from eBay’s Omidyar, NSA foe Greenwald due out next week – CNET (blog)
CNET (blog) Digital magazine from eBay's Omidyar, NSA foe Greenwald due out next weekCNET (blog)… NSA foe Greenwald due out next week. Journalism effort backed by eBay founder Pierre Omidyar and involving Glenn Greenwald — the man to whom Edward Snowden leaked many of his NSA documents — plans to …
Read More »FedEx driver accused of burglary
A man who works for a company that's entire purpose is to deliver things to people is accused of taking. Read more at KOB.com More: continued here
Read More »Victimizing food stamp recipients – Socialist Worker Online
Victimizing food stamp recipientsSocialist Worker OnlineA NEW round of class warfare has emerged under the rhetoric of "food stamp fraud," as Congress and pundits in the media are labeling it. It is similar to the portrayal conveyed under the Reagan Administration in the 1980s of the "welfare queen"–the … More: …
Read More »Post offices of Lincoln County – Ruidoso News
Post offices of Lincoln CountyRuidoso NewsOver the past few years many small post offices serving rural areas, several in Lincoln County, were threatened with closure by the U.S. Postal Service as financial pressures overrode the traditional role of those centers of community. In 1991, the … More: continued here
Read More »Royal Mail staff reach deal to end Sunderland Post Office disruption – Sunderland Echo
Sunderland Echo Royal Mail staff reach deal to end Sunderland Post Office disruptionSunderland EchoCWU deputy general secretary Dave Ward said: “We are extremely pleased to secure this ground-breaking deal with Royal Mail, which postal workers have overwhelmingly voted to accept. “We have achieved extensive and unprecedented legally binding … More: continued …
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