Tag: Europe

Profitable growth for Norway Post

Posted by | Oct 30, 2006 | |

Norway Post’s operating revenues have grown by 19 per cent to NOK 17,009 million as of 30 September 2006. The earnings before income and taxes (EBIT) came to NOK 839 million, NOK 156 million less than at the same time last year as a result of the termination of government procurements and a reduction in revenues from banking services.
”The results show that we are following our strategy of achieving profitable growth in the Nordic region. Norway Post is further developing its operations in the fields of mail, logistics and ICT in the Nordic region in order to compensate for the decline in A-priority and B-economy post and banking transactions,” says Group CEO Dag Mejdell of Posten Norge AS.

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CWU calls on the Government to end speculation on privatisation of Royal Mail

Posted by | Oct 30, 2006 | |

The Communication Workers Union today welcomed the publication of the DTI select committee report on Royal Mail and called on the government to finally bury management proposals for employee share schemes.

The report criticised the management for demanding that the share ownership proposals are a condition of government funding. The CWU today said the share proposals were irrelevant to the real issues facing the company and the government funding was welcome and crucial to the future success of the company. It is not dependant on any particular management plan and the Union applauded the MP’s for highlighting the fact.

Billy Hayes, CWU General Secretary, said “the proposed share scheme has constantly been an obstacle to genuine discussion on improving company performance and securing a long-term quality public service. The sooner the government announce this plan is buried, the sooner we can all concentrate on both improving company performance and developing effective reward for the workforce”.

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Junk Mail will send council tax bills soaring

Posted by | Oct 30, 2006 | |

Scots householders face huge council tax hikes to pay for extra rubbish collections caused by an explosion in junk mail deliveries.

Royal Mail bosses have agreed a controversial deal to deliver vastly more unsolicited letters, meaning homes face a blitz of unwanted post.

Scots householders face huge council tax hikes to pay for extra rubbish collections caused by an explosion in junk mail deliveries.

Many councils are currently slashing rubbish collections to only once a fortnight in a bid to cut costs.

But with an expected junk mail deluge from the start of next year, there are fears extra collections will have to be arranged with council tax payers left to foot the bill.

Through its ‘door-to-door’ service, the Royal Mail currently delivers about 340 million items of junk mail addressed ‘to the householder’ in Scotland every year.

But this is likely to double from January, when the Royal Mail scraps rules which limit such junk mail deliveries to around three a week for every home.

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UK post offices may go, warn MPs

Posted by | Oct 30, 2006 | |

Britain’s post office network could vanish unless the Government acts to protect it, MPs have warned.

Sub-postmasters feel “betrayed” by the decision to axe the Post Office Card Account, which has threatened their livelihood, according to the Trade and Industry Select Committee.

The committee is chaired by Mid Worcestershire MP Peter Luff (Con) and members include Julie Kirkbride (Con Bromsgrove) and Rob Marris (Lab Wolverhampton South West).

Post Office Card Accounts were introduced when the Government began paying benefits and state pensions directly into customers’ bank accounts.

They are the equivalent of a very basic bank account, designed to ensure people who did not have traditional bank accounts can still receive their money.

However, the card accounts are now set to be axed, hitting the income of many post offices.

The MPs said they were especially concerned about the impact on commercially unvi-able parts of the network and the implications Post Office branch closures would have on their wider communities.

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Postcomm research finds that competition has delivered early benefits but greater progress needed

Posted by | Oct 30, 2006 | |

Competition in the UK postal market has begun to benefit many business customers through lower prices, greater choice and better quality in Royal Mail’s service, but there is still much progress to be made if its potential is to be fully realised, Postcomm, the independent postal services regulator, said today.

The market research, which forms part of Postcomm’s latest annual Business Customer Survey, revealed:

20 per cent of respondents said that their mail prices had reduced significantly;
38 per cent said that the choice of services available to them had improved; and
34 per cent believed that the quality of Royal Mail’s service had also improved.

Although the competitive market is still in its infancy and Royal Mail still has more than 96 per cent of the addressed letters market, the survey shows that the company’s competitors are expanding their customer base. Compared with last year, twice as many businesses switched to Royal Mail’s top three competitors during 2005/6, while the proportion of businesses using other competitors was four times higher.

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