Pension deficit drove Royal Mail to the brink

ROYAL MAIL flirted with financial disaster three years ago, with directors repeatedly forced to convince auditors it was a going concern. The crisis is revealed by Moya Greene, Royal Mail’s chief executive, in an interview with The Sunday Times. More: continued here

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Aiken post office to close Jan. 1

The writing is on the wall for a small Floyd County town. After 98 years the town of Aiken will officially say goodbye to their post office after proprietors decided not to extend their contract with More: continued here

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USPS seeks increase in cost of stamps – MyFox Washington DC

CNBC.com USPS seeks increase in cost of stampsMyFox Washington DCThe postal Board of Governors said Wednesday it wants to raise the price of a first-class stamp by 3 cents, citing the agency's "precarious financial condition" and the uncertain prospects for postal overhaul legislation in Congress. "Of the options …Going up: …

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Horse stamps released – Philippine Star

Horse stamps releasedPhilippine StarMANILA, Philippines – The Philippine Postal Corp. (PHLPost) has released four designs of the Year of the Horse stamp for 2014. PHLPost produced 55,000 pieces of the Year of the Horse stamps, which would be sold at P10 each. It also manufactured 7,000 … More: continued here

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