Lord Myners could finally ease pressure on Cable over Royal MailCITY A.M.So the business secretary will, I suspect, be relieved that the independent-minded former City minister has concluded that taxpayers were less short-changed from Royal Mail's initial public offering (IPO) than had been suggested by MPs earlier this year. More: continued here
ROYAL Mail has hit back after residents were urged to avoid using red envolopes this Christmas. More: continued here
C-GCC stamps out on-campus smokingCatskill Daily MailGREENPORT — The Columbia-Greene Community College Board of Trustees on Monday adopted a tobacco-free policy for its campus in Greenport. The action, to take effect in September 2015, will eliminate current designated smoking areas and prohibit …and more » More: continued here
Review concludes that company could have been sold for up to 30p more a share, but it involved considerable risk The government could have made £180m more from the £2bn sale of Royal Mail last year but this would have involved “considerable risk”, a report commissioned by business secretary Vince Cable concluded. The report by…
Shares in Britain's Royal Mail should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report concluded. More: continued here
WTNH Grocery store owner pleads guilty for illegal use of food stampsWTNHAccording to a press release from the US Attorney's Office, 46 year old Khalid Aboutayeb exchanged the food stamp benefits for ineligible items, such as alcohol and tobacco, as well was cash. The investigation found that more than $285,000 worth of … More: continued…
LONDON (Reuters) – Shares in Britain's Royal Mail postal service should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report said on Thursday. Lord Myners, a former Labour minister commissioned to see if the government could improve the…
'Taxpayers Lost £180m From Royal Mail Sale'Yahoo Finance UKTaxpayers lost out on a lower sum from the privatisation of Royal Mail (LSE: RMG.L – news) than the £1bn suggested by MPs earlier this year, a report commissioned by Vince Cable will conclude this week. Sky News has learned that an inquiry headed by … More: continued…
AOL Money UK Updates from Royal Mail, LSE and Galliford TryAOL Money UKsavings, tax, stockmarket, pensions, cash, investment FTSE 100, LSE, The FTSE 100 barely budged on Wednesday: just a 4.6 point climb to 6,336.4. Oil stocks continued to rise with BP and Tullow Oil both up 3.5% (to 395p and 397p respectively). Investors … More:…
ITV News Royal Mail privatisation report reaches a surprising conclusion – and it's …ITV NewsHe agrees that Royal Mail was undervalued, although though not by anything like the sums that have been alleged. Furthermore he makes his way onto the Business Secretary's Christmas card list in time for last post (today) by concluding that the…