THE Post Office is under pressure to cut costs by up to Pounds 2.4 billion a year, it emerged yesterday. Postcomm, the regulatory body set up by the Government to regulate the postal sector, said the Post Office had scope to reduce annual expenditure by 30 per cent. Martin Stanley, the Postcomm chief executive, told MPs yesterday that Consignia, parent company of the Post Office, “does seem to have lost control of its costs”.
Read MoreTaylor Barnard has won a national distribution and warehousing contract for Whitworths.
Read MoreBusiness Express is to handle the UK distribution for mail order business The Virgin Cosmetic Company.
Read MoreThe Direct Marketing Association has welcomed postal industry regulator Postcomm’s proposals to open up the market to competition. The plans, announced last month, will effectively result in Consignia losing its monopoly over the next five years.
Read MoreThe DMA and Royal Mail have held the first meeting of their Steering Group, set up last year to promote closer co-operation between the two bodies.
Read More
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
