Glimmer of hope from the bottom of the postbag
You have to hand it to Allan Leighton: in January, before he became chairman of Consignia, the organisation’s future looked as bright as the bottom of a postman’s sack. Four months on and he has given it a distinct glimmer of hope – although the restructuring plan he unveiled yesterday is inevitably high risk.
He took over a business haemorrhaging cash, its management discredited, its workers bellicose and the new postal regulator about to throw open the doors to competition.
