BERLIN — Germany’s state-owned development bank has sold shares in the company that owns the national postal service for about 2.17 billion euros ($2.3 billion), reducing the government’s stake and raising money to help finance improvements to the country’s rail network. The KfW bank, which holds the government’s remaining stakes in previously state-held companies, said … Read more
LONDON — British Prime Minister Rishi Sunak has said he will introduce measures to reverse the convictions of more than 900 Post Office branch managers wrongly accused of theft or fraud because of a faulty computer system in what is considered one of the gravest injustices in the nation’s history. The announcement Wednesday follows a … Read more
LONDON — Britain’s Prime Minister Rishi Sunak said Wednesday he will introduce measures to overturn the convictions of more than 900 post office branch managers who were wrongly accused of theft or fraud because of a faulty computer system. Sunak said the scandal, which saw hundreds of postmasters falsely convicted of stealing money because Post … Read more