Royal Mail sell-off moves closer – Scotsman

Scotsman Royal Mail sell-off moves closerScotsmanSTOCKBROKERS and share-dealing services have been invited to act as intermediaries in the planned sale of shares in the Royal Mail. The move signals the latest stage in the Government's controversial privatisation of the postal group through an initial … More: continued here

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Ohioans set to take hit if food-stamp boost lapses – Columbus Dispatch

Ohioans set to take hit if food-stamp boost lapsesColumbus DispatchIn 2009, as part of the economic-stimulus law, federal food assistance — also known as the Supplemental Nutritional Assistance Program — increased maximum monthly benefits for food-stamp recipients by 13.6 percent. That increase will expire at the … More: continued here

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Ringleader of eBay golf scam is jailed

Counterfeit golf clubs were made in China and sold around the world through international network of criminals The ringleader of a gang behind a "highly sophisticated and profitable" multimillion-pound operation to sell fake golf clubs on eBay was jailed for more than four years today. The global conspiracy – described …

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Direct mail accounts for nearly half of all UK letters

Royal Mail says growth in proportion of mailouts partly accounts for improved profits, even as total letter volumes fall It is the bane of the nation's hallways but direct mail has become a cornerstone of the postal network, accounting for around half of all envelopes that fall through our letterboxes, …

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Email and web deliver sharpest blow to Royal Mail fortunes

Royal Mail's letters business is being hit harder by competition from electronic alternatives, such as email and the internet, than it is by rival mail operators. The company has released figures that are understood to show its profits taking a £500m a year hit from e-substitution compared with the £100m …

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