Deutsche Post AG looked likely Friday to emerge financially unscathed from a political dispute over a sales tax exemption for the partially privatized mail group.The lower house of parliament’s auditing committee will reject suggestions that an extension of the 16% sales tax exemption to areas where Deutsche Post doesn’t have a guaranteed monopoly was illegal.
Read MoreFrom Michael MacClancy
Sir, Your coverage of the National Audit Office report on Postcomm and postal services (“Watchdog warns on Post Office competition”, January 24) was wide of the mark. There is nothing new in identifying a risk that the universal postal service might suffer if Consignia were subject to competition and this was not the most important conclusion to be drawn from the NAO’s report.
Read More28/01/2002 Star Cargo has acquired the business of Hertfordshire-based Carrifreight for an undisclosed sum.
Read MoreHouseholders might have to wait until the afternoon to get letters under plans being considered by Consignia to save money. Consignia is weighing the idea of giving priority to businesses over residential customers.
Read MoreLittlewoods has awarded TDG a £15 million-pound fulfilment contract, servicing the retailer’s new channels to market. Littlewoods required a storage and picking facility for customer orders from catalogue and television shopping channels that was accessible to its main distribution hub at Shaw, Lancashire. The contract utilises 200,000 sq ft of space at TDG’s 450,000 sq ft muIti-contract facility in Wrexham.
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