Author: Archive

John Roberts of Consignia – comments on World at One

Posted by | Jan 31, 2002 | |

Chief executive of Consignia, John Roberts, told the World At One the company was going to “fight very hard” to compete.
He said Consignia was “certainly not” a new Railtrack in the making.
“I think we’re in a completely different position. One of the things that we want to do is to complete a range of changes that I announced recently, including saving about a billion pounds in our cost base, to make us really fit, to compete in what is going to be a competitive world.”

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Post regulator under MPs fire

Posted by | Jan 31, 2002 | |

The Post Office regulator today came under fire from Labour backbenchers over its comments on increased competition within the postal service.
One MP called the announcements a “disgrace” and another called for Postcomm chairman Graham Corbett to be sacked.
In its report setting out a timetable for increasing competition in the market, Postcomm said traditional justification for maintaining Consignia’s monopoly was no longer valid.

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Deutsche Post, TPG, Hays winners in mail deregulation

Posted by | Jan 31, 2002 | |

In a note on the European mail sector after UK regulator Postcomm announced plans to introduce “serious” competition to the UK market, ABN Amro said Deutsche Post World Net AG, TPG NV and Hays PLC stand to benefit particularly from increasing liberalisation, dealers said.

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Questions and Answers about the UK postal system

Posted by | Jan 31, 2002 | |

Britain’s state-owned postal service Consignia has reported steep losses and raised concerns over the British letter service by signalling that massive cutbacks are on the way.
Now the regulator Postcomm has proposed to open the mail services to competition. BBC News Online takes a closer look at Consignia’s situation, and how it got itself into such a mess.

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