Telegraph.co.uk Vince Cable 'not a share price expert' says Clegg, in Royal Mail rowTelegraph.co.ukMr Cable has been accused of costing the Government £1bn by setting the share price in the sale too low. According to Freedom of Information requests, the 21 banks pitching to work on the floatation valued the …
Read More »Royal Mail shares undersold, bank valuations reveal – Politics.co.uk
Royal Mail shares undersold, bank valuations revealPolitics.co.ukTaxpayers are £1 billion worse off as a result of the government's decision to sell-off Royal Mail below City banks' estimates, it has emerged. A freedom of information request by the Labour party revealed that 15 out of 21 banks which were asked to …
Read More »What Price Royal Mail Shares? The IPO's Critics are too Harsh on Vince Cable
It seems like every week that someone lobs another brick at the government, Business Secretary Vince Cable in particular, over the privatisation of Royal Mail. That Royal Mail's share price is, at the time of writing, around 80% above its offer price just five months on from the flotation doesn't …
Read More »Palermo post office broken into; four mailboxes damaged – Mercury-Register
Palermo post office broken into; four mailboxes damagedMercury-RegisterPALERMO — Butte County sheriff's investigators responded to a call Thursday morning about a break-in at the Palermo post office that happened sometime during the previous night. Sheriff's spokeswoman Miranda Bowersox said dispatchers received a call …and more » More: continued here
Read More »Royal Mail share price: fresh IPO accusations claim taxpayers lost up to £1.5bn – iNVEZZ
Royal Mail share price: fresh IPO accusations claim taxpayers lost up to £1.5bniNVEZZiNVEZZ.com, Friday, February 7: The high-profile initial public offering (IPO) of Britain's national postal service, Royal Mail (LON:RMG) has been criticised for substantially undervaluing the company. The latest accusation being outlined in an FT … More: continued here
Read More »Obama signing farm bill trimming food stamps – WSBT-TV
Obama signing farm bill trimming food stampsWSBT-TVWASHINGTON (AP) — President Barack Obama is carrying out a presidential duty he hasn't had a lot of opportunity to perform recently: signing into law a major piece of bipartisan legislation. Obama planned to sign a far-reaching farm bill Friday during … More: continued …
Read More »Police: Man arrested after going through mail at Post Office – Napa Valley Register
Police: Man arrested after going through mail at Post OfficeNapa Valley RegisterA man on probation was arrested Wednesday after police officers were dispatched to a report of an unwanted subject at the US Post Office on Second Street, police said. The man was going through mail that did not belong …
Read More »Man Tries to Sell Girlfriend Listed as ‘Old Woman’ on Ebay in Worst Valentine … – TIME
Man Tries to Sell Girlfriend Listed as 'Old Woman' on Ebay in Worst Valentine …TIMETake on unflattering picture of your girlfriend and auction her off on eBay. Shuan Coles says he put girlfriend Debbie Moran — who he listed simply as “Old Woman” — for sale as a joke. He …
Read More »Obama Signs Farm Bill That Trims Food Stamps – ABC News
Washington Post Obama Signs Farm Bill That Trims Food StampsABC NewsPresident Barack Obama on Friday signed into law an agriculture spending bill that will spread benefits to farmers in every region of the country, while trimming the food stamp program that inspired a two-year battle over the legislation. As he …
Read More »Friday newspaper round-up: Scotland, Royal Mail, Twitter – Your Money
Friday newspaper round-up: Scotland, Royal Mail, TwitterYour MoneyA range of investment banks valued Royal Mail last spring at up to £1.5bn more than it was eventually sold for, according to data obtained under a freedom of information request. The figures have reignited accusations that Britain's postal operator was …LinkedIn Corp shares …
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