Reuters UK UK to sell Royal Mail stake, targets 1.5 billion poundsReuters UKLONDON Britain will sell its 30 percent stake in postal operator Royal Mail, currently worth about 1.5 billion pounds, as it renews its drive to wipe out the budget deficit, Chancellor George Osborne said on Thursday. The sale …
Read More »Canon-McMillan attempting to take Muse post office – Observer-Reporter
Observer-Reporter Canon-McMillan attempting to take Muse post officeObserver-ReporterCanon-McMillan School District has filed a petition in Washington County Court to obtain the Muse post office by eminent domain, but has offered the U.S. Postal Service “the opportunity to remain at that site for a year if the district is successful in …
Read More »SNP condemn sleekit Tories’ Royal Mail plans – SNP (press release)
UKIP SNP condemn sleekit Tories' Royal Mail plansSNP (press release)The SNP has today criticised the Tory UK government's plans to privatise the remaining 30% stake in the Royal Mail. Michelle Thomson MP highlighted how this move threatened the terms of the Universal Service Obligation – which safeguards postal …Three EU Postal …
Read More »$10K reward offered in case of Davie post office burglary – Sun Sentinel
Sun Sentinel $10K reward offered in case of Davie post office burglarySun SentinelThe U.S. Postal Inspection Service is offering a reward of up to $10,000 for information that leads to an arrest and conviction in the case. The break-in happened at the Davie branch of the post office at 3850 …
Read More »Royal Mail, Johnson Matthey lead FTSE lower – Reuters UK
Reuters UK Royal Mail, Johnson Matthey lead FTSE lowerReuters UKRoyal Mail fell 4.9 percent after Finance Minister George Osborne said Britain will sell its 30 percent stake in the postal operator. Britain's FTSE 100 closed down 1.3 percent at 6,859.24. "If we look across developed markets, sell-off in equities is …
Read More »George Osborne announces Royal Mail sell-off – video – The Guardian
The Guardian George Osborne announces Royal Mail sell-off – videoThe GuardianGeorge Osborne announces £4.5bn worth of savings in this financial year through a sell-off of national assets – including the remaining stake in Royal Mail– and spending cuts. Departments have been ordered to find £3bn in savings, and the chancellor …
Read More »UK to start selling remaining Royal Mail shares – Osborne – Reuters
UK to start selling remaining Royal Mail shares – OsborneReutersOsborne also said in parliament that government departments had found extra savings in the current financial year which along with the Royal Mail sale would generate around 4.5 billion pounds for the public coffers. ($1 = 0.6500 pounds) (Reporting by … More: …
Read More »‘eBay vs woman who claims ownership of the Sun’ is actually going to court – The Independent
The Independent 'eBay vs woman who claims ownership of the Sun' is actually going to courtThe IndependenteBay tried to settle the matter out of court, but it seems Duran is feeling litigious. Her Sun-selling idea was inspired by a man who registered the Moon and many of the planets in …
Read More »How EBay’s Stock Could Soar Without PayPal – Wall Street Journal (blog)
Wall Street Journal (blog) How EBay's Stock Could Soar Without PayPalWall Street Journal (blog)Its 18% stake in MercadoLibre could generate roughly $764 million in a sale based on the company's $6.3 billion market cap. StubHub, acquired for $310 million in 2007, could generate $827 million, he estimates. A sale or …
Read More »Chancellor unveils £4.5bn extra savings including Royal Mail stake sell-off – The Guardian
The Guardian Chancellor unveils £4.5bn extra savings including Royal Mail stake sell-offThe GuardianDepartments have been ordered to find £3bn in savings, and the chancellor says he will also raise £1.5bn from the sale of the government's remaining 30% stake in Royal Mail. The cuts are in addition to the £13bn …
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