The European Commission said it cleared the UK to set up a Post Office Bank to provide simplified standard current accounts for benefit recipients who do not use normal banks. The clearance is part of a commission decision not to object to universal banking services proposals notified by the UK, it said
Read MoreTHE Federation of Small Businesses in the North West last night warned that Postcomm’s proposals to remove Consignia’s monopoly on the UK’s lucrative business mail service could create a twotier postal service which favours big business.
Read MoreThe latest figures from the DMA Inserts Council show that although 2001 saw a slight decrease during July and August compared to 2000, there has been a considerable improvement in September. There has also been a slight increase in inserts volume in the third quarer.
Read MoreDespite signs of an overall economic slowdown statistics released by the Direct Mail Information Service show that direct mail volume increased by 4.5% year on year in the July to September period. Over that quarter some 1.127 billion items of direct mail were sent.
Read MoreAccording to a recent survey from Pitney Bowes Document Messaging Thchnologies, 37% of respondents believed consumers are less likely to pay electronic bills on time, while 21% thought consumers are more likely to pay electronic bills quicker. Thirty-nine per cent saw no difference in payment times between postal and electronic billing.
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