Royal Mail profits jump 26%

Unions warn of threat to Royal Mail recovery after government confirms it is seeking injection of private capital Royal Mail increased its profits by 26% last year, prompting union leaders to warn that renewed calls for privatisation could jeopardise its recovery. The coalition government confirmed this morning that it was …

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U.S. Spending on Food Stamps at All-Time High

The U.S. is now spending more on food assistance than at any time in its history, sparking a debate over whether the roughly 40 million people now receiving the latest version of food stamps at a cost of $73 billion a year are a symptom of a weak economy or …

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