Friday newspaper round-up: Scotland, Royal Mail, China… David Cameron will on Friday launch a personal campaign to save the UK, warning that the country would be “deeply diminished” if Scotland votes to secede in this year’s independence referendum. More: continued here
NPR Post Office Could Rack Up Billions By Offering Money ServicesNPRAs the U.S. Postal Service continues to lose money each year, a new report suggests a way to add to its bottom line: offer bank-like services, such as a check cashing card that would allow holders to make purchases and pay bills online or even…
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
Post Office Could Rack Up Billions By Offering Money ServicesWSHUBetsy Cavendish, president of Appleseed Network, says being able to go to the post office for simple financial transactions would be "win-win. Many people are spending $2,500 a year or so in extra fees," she says. "They have a lack of options for small …and more »…
International Business Times UK Royal Mail Gets CWU Pay Rise, Pensions and Bonus Deal Rubber StampInternational Business Times UKAccording to a statement by the recently privatised delivery service, Royal Mail revealed that "is pleased that CWU members have voted overwhelmingly in favour of a ground-breaking agreement on an agenda for growth, industrial stability, pay and ……
eBay founder to launch Snowden-themed magazineThe DrumPierre Omidyar, the billionaire founder of eBay, has announced his intention to start publishing a new Snowden-themed online magazine from next week. The launch edition is said to focus on classified government documents stolen by Snowden and will be …and more » More: continued here
Why the Post Office needs to compete with banksReuters Blogs (blog)Back in 2011, I said that “the only way to save the Post Office will be to allow it to move into financial services”, seeing as how “banks in the US are mistrusted and disliked and many people would love to be able to just…
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 by the 21 investment banks…
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 like a short-term loan with…
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 drug bustWNEM Saginawall 2 news…