Securicor upbeat after £37m writedown in US
Securicor sounded its first note of optimism for some time today when it said it expected better secondhalf performances from its core security business and its 50% owned distribution arm.
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Consignia restructuring costs double, Post Office losses likely to top £1.1bn for first year of commercial freedom.
The cost of restructuring Consignia, the renamed Post Office, has doubled from earlier predictions of Pounds 400m to at least Pounds 800m. This means the company’s total losses for the year are likely to top Pounds 1.1bn when they are announced next week, despite better-than- expected operating losses thought to be Pounds 200m-Pounds 300m.
Read MoreUSPS Transformation Plan Appendices – Appendix U
Appendix U – Universal Service Obligation and the Postal Monopoly
Read MoreUSPS Transformation Plan Appendices – Appendix R
Appendix R – Postal Regulation
Read MoreUSPS Transformation Plan Appendices – Appendix I
Appendix I – Overview of the Universal Postal Union
Read MoreUSPS Transformation Plan Appendices – Appendix H
Appendix H – Postal Transformation – The International Experience
Read MoreUSPS Transformation Plan Appendices – Appendix E
Appendix E – Eectronic Diversion of Mail Volumes
Read MoreUSPS Transformation Plan Appendices – Appendix G
Appendix G – Global Postal Competitors in the United States
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