Deutsche Post denies tax overcharge
German postal and logistics services group Deutsche Post denied a press report on Friday that it had been making as much as 45 million marks ($11.25 million) a month by charging clients too much tax.
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Geopost appoints new MD
Gilles Moutel has been appointed managing director of the southern Europe division of the French mail services company Geopost.
Read MoreLegal Post bid to win share of Consignia's mail business
FIFE-based mail company Legal Post is to meet postal regulator Postcomm in an attempt to win a chunk of the lucrative business set to be exposed by the current shake up of Consignia.
Legal Post will ask for further details on the proposals, announced yesterday, to end Consignia’s postal monopoly and hand over business to rival operators, when it meets the regulator within the next fortnight .
Managing director John Yorkston said: “We’d like to think Postcomm could give us a list of clients becoming available, although it’s unlikely Consignia will be willing to provide this. The plans certainly appear to give us scope for more business.”
Consignia faces crisis over universal bank
CONSIGNIA, the beleaguered former Post Office, is heading for a fresh cash crisis due to fears that it will not have the Universal Bank up and running by its target date of April 2003.
The Universal Bank is intended to have the dual purpose of providing basic financial services for up to 6 million customers who do not currently have a bank account and also to boost the ever-diminishing revenue of Britain’s 18,000 Post Offices.
Severance package of GBP 180M for sub-post offices
A COMPENSATION package worth Pounds 180 million has been earmarked by the Government for sub-postmasters whose businesses face closure. The scale of the package, which has been detailed at recent talks, suggests that more than 2,200 sub-post offices will close, mainly in urban areas.
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