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Was Royal Mail undervalued by more than 50%? Treasury 'ignored City advice …This is MoneyThe Government drastically undervalued Royal Mail after ignoring advice from the City in June that the postal service was worth at least £5billion, a report claimed today. The Financial Times said at least two banks consulted …

Two new village post offices take up residence in Victoria businessesVictoria AdvocateWANT ONE OF YOUR OWN? Business owners interested in opening village post offices inside their establishments can email VPO.inquiry@usps.gov or call 888-711-7577. Victoria post offices and businesses with village post offices. Daydream Creations. More: continued here

food stamp recipients face cutCNBC.comMillions of food stamp recipients can expect to see their benefits reduced beginning in November—and that could end up being just the beginning of deeper cuts to the food stamp program. The modern-day food stamp plan, now called the Supplemental …Study: Food stamps most rapidly growing welfare …

Walmart food stamp bonanza proof of abused systemNew York PostA week ago, the technology that assessed spending limits on debit cards for food-stamp recipients malfunctioned. As a result, there was no way for stores to tell how much value was left on individual cards. Many merchants refused to accept the …

UK's Cable says strike risk at Royal Mail influenced price rangeReuters UKLONDON Oct 18 (Reuters) – Britain's Business Secretary Vince Cable rebuffed accusations that the government underpriced the privatisation of Royal Mail and said on Friday the threat of industrial action had influenced the price-setting process. Shares … More: continued …

SAN FRANCISCO – EBay Inc founder Pierre Omidyar has become the latest self-made tech baron to plunge into the struggling news industry – hot on the heels of Amazon.com Inc founder Jeff Bezos, who just paid $250 million for the Washington Post. More: continued here

EBay CEO cites 'uncertainty' from government shutdownCBS NewsLOS ANGELES EBay (EBAY) said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' … More: continued here

Why the Royal Mail's megaphone critics are wrongTelegraph.co.ukImagine this scenario. A creaking, former state monopoly goes through years of reform in a desperate effort to protect itself from new competitors. The tens of thousands of workers involved in the enterprise have to make sacrifices to increase … More: continued here

Telegraph.co.uk UK's Royal Mail valued higher than sale price – FT reportReuters UKLONDON (Reuters) – Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. …

Royal Mail IPO: Investment Banks Say Shares Were UnderpricedIBTimes.co.ukThe UK government disregarded the opinions of two investment banks that valued postal company Royal Mail at £5bn in June, much more than the government's final valuation. Two banks seeking to lead the share sale said Royal Mail shares might be worth … …