POST OFFICES are to be offered up to Pounds 70,000 to close in an effort to streamline the struggling network.
The Government is seeking European approval to offer sub-postmasters in towns and cities lucrative compensation packages in exchange for giving up their right to offer post office services.
Contingency plans to maintain the rural and sub-post office network if the government’s Universal Bank plan does not start on time are being discussed in Whitehall amid growing conviction that the deadline will be missed.
Delay could see the Department of Trade and Industry paying an additional, temporary subsidy to Consignia, the renamed Post Office, to keep endangered branches open.
Read MorePostal group Consignia has been threatened with legal action after reports that deliveries to thousands of rural homes in Scotland have been cut back to save money. Media reports said that 2,284 rural homes in Scotland have stopped receiving deliveries on a Saturday.
Read MoreWincanton has won a five year contract for the distribution of Conoco petroleum products including Jet-branded petrol and diesel, aviation fuel, marine oil and LPG.
Read MoreThe international sector looks likely to remain the major focus of attention this year for Amtrak Express Parcels. Traffic doubled in the second half of last year after the company relaunched its international services, helping to shield it from a domestic marketplace in which volumes for most operators are flat and prices falling.
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