DP rejects report about taxes
Deutsche Post AG has rejected a tabloid newspaper report that the company could face an extra EUR1 billion or more in taxes as a result of a sales tax. exemption it was granted.
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Overnight parcel service to bring huge increase in Highland rail freight traffic
Vital rail freight traffic in the Highlands is set to increase substantially at the end of this month, when freight operator EWS introduces a new overnight express parcel service from Walsall, in the Midlands, to Inverness. The private freight company’s initiative follows a similar experimental “supply and demand” service introduced last summer, which ended in December, when the needs of its original customers changed. EWS spokesman Graham Meiklejohn said Securicor was its main customer for the new service, but the freight company planned to expand, and was actively seeking other business.
Read MoreABP cautious on profits growth rate
ABP cautious on profits growth rate
Read MoreRecognising the danger of postal liberalisation – comment
I’m no particular fan of Richard Littlejohn’s political views, but I would recommend his book To Hell in a Handcard, for an insight into our national preoccupation with addressing symptoms rather than causes. Don’t get me wrong – I’m all for competition and consumer choice, but instead of recognising that this great British institution has commercial issues it needs to address (not least the perception among business users that it is overpriced and supporting its objective of becoming a major European player), we choose to chop its legs off.
Read MoreDeutsche Post faces heavy fines from Brussels
Deutsche Post AG, the German postal operator, is being threatened with a heavy fine from the EU Commission, for unpermitted subsidisation. It is thought the company may be asked to pay back as much as 800m euros.
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