Author: Archive

UK Royal Mail workers to demand a pay rise of GBP 80 a week

Posted by | Dec 8, 2005 | |

Royal Mail is expected to face demands for a steep rise in postal workers’ pay as the Communication Workers Union launches a campaign to raise pay levels so that they are in line with the national average.

The union wants pay to increase by Pounds 80 a week from the basic level of Pounds 311, a rise of 25 per cent. The CWU will not ask for the Pounds 80 all at once but could make a claim for Pounds 40 next year followed by Pounds 40 the year after.

A spokesman for the CWU said: “We are Pounds 80 a week behind the national average wage. We need to have a fresh look at pay. The talks will be tied up with the future of Royal Mail.”

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Palletline in index survey

Posted by | Dec 8, 2005 | |

Palletline is researching the economic confidence of its network.
MD Glyn Jones tells Motor Transport that members have been responding to questions from Andrew Lester & Associates to form a ‘Business Confidence Index’ for road haulage, which will also indicate the economic strength of the country as a whole. ‘We hope to build up substantial trend data,’ Jones says.

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German Postbank plans new payment transaction agreement

Posted by | Dec 8, 2005 | |

German bank Postbank, part of German postal services group Deutsche Post, plans to expand its activities with processing payment transactions. The bank, which has processed payment transactions for German banks Deutsche Bank and Dresdner Bank since 2004, revealed that it was considering an agreement with a third major customer for 2005.

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Post Office Networks Abroad

Posted by | Dec 8, 2005 | |

Publication by Postcomm covering:
ownership/profitability, access to post offices, network strategy, provision in urban deprived & rural areas, opening, services, financial services, government services, other services
P:LibraryPostalPostComm Formal DocumentsPost Office_networks_abroad_exec_summary_2005_update.pdf

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UK stamps to cost more as price curbs relaxed

Posted by | Dec 7, 2005 | |

The price of a first-class stamp is set to rise from 30p to at least 36p by 2010, after Royal Mail’s regulator yesterday significantly relaxed proposed price controls for the next four years. The move follows a prolonged battle between the state-owned postal operator and the regulator over prices in the run-up to full competition in the market at the start of next month.

Postcomm conceded yesterday that “obviously the headline could signal we’ve caved in a lot”. In June, the regulator proposed capping Royal Mail’s regulated prices at 2.5 per cent below inflation. Following intense lobbying by Royal Mail – which warned the curbs would send it into a spiral of decline and possible collapse – Postcomm’s final price controls equate to a limit of only 0.1 per cent below inflation.

Nigel Stapleton, the regulator’s chairman, admitted: “Consumers could look at this and say: ‘They’ve started out tough and now gone extremely weak’.” But he insisted the changes were driven by information that emerged during the consultation, rather than any pressure from Royal Mail or its sole shareholder, the government.

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DHL Turkey launches invest in Turkey campaign

Posted by | Dec 7, 2005 | |

DHL Turkey, the local arm of Belgium-based express delivery group DHL, launched its Invest in Turkey campaign, aimed at attracting foreign investors to the country, it was reported on December 7, 2005.

The initiative will be carried out in three stages and the first one envisages attracting investors’ attention towards Turkey by attaching “Invest in Turkey” stickers on all parcels, CEO Andy Baker said. The company forwards more than 100,000 packages monthly to various destinations.

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Postcomm proposes modest stamp rises to secure financing of the universal servics

Posted by | Dec 7, 2005 | |

Postcomm’s proposed price control for Royal Mail will allow modest increases in stamp prices to enable the company to modernise its operations, secure its universal service, serve its customers better and help plug its GBP4bn pension fund deficit. Postcomm’s final price and service quality proposals for 2006-10 will safeguard the one-price-goes-anywhere universal service, provide an unprecedented GBP1.2 billion for Royal Mail to invest in modernising its network, allow Royal Mail an average of GBP320m a year towards reducing the GBP4bn deficit in its pension fund and require Royal Mail to increase its efficiency by at least 3% per year. The customers’ contribution towards funding these initiatives will require an increase in stamp prices. Royal Mail will be able to raise first class stamp prices next year from 30p to 32p. By 2010 these prices will be capped to a maximum of 36p.

Royal Mail has indicated that it accepts the price caps proposed and its responsibility to finance its business within these constraints.

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