Tag: Consignia

Interview with Allan Leighton

ON ALLAN Leighton’s desk at Consignia’s head office is a brightly coloured greetings card. With cheery drawings of horseshoes it wishes: “Good luck in your new job”. Quite.

Leighton’s “new job” is no ordinary one. The most famous “plural” director, who is at the helm of Bhs and Lastminute.com, is interim chairman of the renamed Post Office group.

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Singapore Post gets nod for joint venture

Singapore Post Pte Ltd has been permitted by the Foreign Investment Promotion Board (FIPB) to set up a joint venture subsidiary in India along with Consignia (Royal Mail) and the Netherlands-based TPG Group. According to the plans sanctioned by the FIPB, Singapore Post will form a 50:50 JV in India with Netherlands-based G3 Worldwide Mail. G3 Worldwide is a joint venture between three partners, the TPG Group, Consignia (Royal Mail) and Singapore Post.

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Consignia's cultural challenge

In a fortnight or so, more than 80 of the senior management at Consignia will learn that they are out of a job. The list of casualties will mark the completion of a radical 18-month assessment of the company’s top talent. Stage one, completed last Friday, saw about 320 CVs, drawn primarily from inside the organisation, pared down to 90 senior men and women who will comprise the organisation’s new inner sanctum. The 90 will in effect replace what has until now been called the “Top Y” – a group of 120 – and will take ultimate responsibility for an organisation that announced losses of £1.1bn in June and that now wants to foster a culture where a leaner management supports the rest of the workforce.

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Neoliberal reforms arrive in the mail

The hundred-year-old principle of a postal service for all and at an accessible price is being threatened by the advance of economic liberalization, say experts gathered here for the “strategy conference” of the Universal Postal Union (UPU).

Even the venerable UPU, with its 128-year history, risks disappearing — or at least losing its intergovernmental status – – in the wave of private groups that are seeking to exploit postal services.

UPU director-general Thomas E. Leavey pegged technology as one of the factors that “threatens the financial foundation of the postal service” and, as a result, the capacity to sustain the universal network of the service.

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Royal Mail to move to £40 million transport hub

Royal Mail today announced plans to replace three distribution centres with a new £40 million operation. Centres at Wednesbury in the West Midlands, Nottingham and Northampton, which employ 600 people, will close to make way for the new development at Daventry, Northamptonshire which will create almost the same number of jobs.

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