Brown under pressure to ditch Royal Mail plan
Gordon Brown faces growing pressure from mutinous Labour backbenchers to ditch or delay moves to partly privatise Royal Mail.
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Gordon Brown faces growing pressure from mutinous Labour backbenchers to ditch or delay moves to partly privatise Royal Mail.
Read MoreUSPS losing billions as recession hits mail industry
Read MoreFollowing discussions with the interested parties about the form of Royal Mail’s price control beyond March 2010, Postcomm has decided to make no changes and, therefore, the current price control arrangements will continue.
Read MoreHermes Austria has decided to use also the parcel logistics services of Austrian Post, starting from June 1, 2009, “Based on the assumption of a stable parcels market, we expect volume growth of several million parcels on an annual basis resulting from this contract”, says Carl-Gerold Mende, Member of the Management Board of Austrian Post in charge of the Parcel & Logistics Division.
Read MoreGovernment support for Royal Mail, totalling £2.65bn, was approved on 8 April by Brussels under European Union state aid rules after a two-year probe triggered by complaints from rivals.
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