U.K. Business Secretary Vince Cable will tomorrow announce the initial public offering of Royal Mail Group Ltd., with 10 percent of the shares given to staff, according to a person familiar with the plans. More: continued here
Read More »Post Office software did cause accounting shortfalls, probe finds – Information Age
The Journal Post Office software did cause accounting shortfalls, probe findsInformation AgeIt found that on two occasions in 2011 and 2012, the Post Office had itself identified software "defects" that caused accouting shortfalls. The first, described as the "receipts and payments mismatch problem", affected 62 branches, and caused an …UK …
Read More »Britain to unveil Royal Mail privatisation plans – report – Reuters UK
Britain to unveil Royal Mail privatisation plans – reportReuters UKLONDON (Reuters) – Britain will push ahead with its biggest privatisation in decades when it unveils plans for a 2.5 billion pound stock listing of state postal operator Royal Mail this week, Sky News reported. Business Minister Michael Fallon is … …
Read More »Mom points out food stamp waste – abc11.com
abc11.com Mom points out food stamp wasteabc11.comThree weeks after she began alerting Wake County that she no longer needed food stamps, she got an email from her case worker. It said the county would look at her new income at her next recertification for food stamps – in November. That …
Read More »Sykesville aggressively promoting post office tower rentals – Carroll County Times
Sykesville aggressively promoting post office tower rentalsCarroll County TimesKnown to locals as the tower, the modest space has shining hardwood floors, a maximum capacity of 49 persons, and is the focal point of an aggressive campaign by the town to earn some revenue for the post office, which historically has …
Read More »Royal Mail privatisation details to be announced – Gulf Times
Royal Mail privatisation details to be announcedGulf Times“Whose mail? Our mail,” he chanted to ripples of applause and postal workers loudly playing vuvuzelas. “Don't let a few elite in the City make a fast buck at the expense of your Royal Mail. Once the City gets its hands on it …
Read More »Tuesday newspaper round-up: Royal Mail, housing data, Alcoa – ShareCast
Tuesday newspaper round-up: Royal Mail, housing data, AlcoaShareCastBusiness Sectretary Vince Cable will announce on Wednesday that the public will be able to buy shares in Royal Mail in the biggest state privatisation for over two decades, The Telegraph reported. New data on the housing market on Tuesday will add … More: …
Read More »Linda Hogan — Family Heirlooms JACKED … and Now They’re On eBay – TMZ.com
TMZ.com Linda Hogan — Family Heirlooms JACKED … and Now They're On eBayTMZ.comThe eBay seller claims he found the stash at a local thrift store — and Linda says it must have been taken mistakenly 2 months ago when she hired guys to move some of her stuff from storage …
Read More »City & Business Royal Mail sell – off nearing – Express.co.uk
City & Business Royal Mail sell – off nearingExpress.co.ukIt is unclear if the statement will set out how Royal Mail's 130,000 staff will receive shares representing at least a 10 per cent stake in the company. Royal Mail believes gaining access to external capital is vital to build on its …
Read More »Post Office admits computer system at centre of sub-postmaster prosecutions had bugs
However PO says probe into Horizon software justifies its ‘confidence in the overall system’ More: continued here
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