Leaders of Britain’s postal workers have threatened a national strike after the head of Consignia disclosed shock plans to axe up to 30,000 jobs over the next 18 months. Chief executive John Roberts revealed yesterday to a committee of MPs that tens of thousands of posts could be cut as the group moves to reduce costs in the face of increasing competition and huge losses.
Read MoreConsignia played down on Wednesday the prospect of up to 30,000 job cuts, as unions threatened strike action. It said that no final decision had been made, adding that it hoped any losses would come through natural wastage.
Read MorePrime Minister Tony Blair said he was not consulted about Consignia’s plan to axe another 30,000 postal workers over the next 18 months. During Prime Minister’s Questions, Blair said he regretted the possibility of further job losses but said it was not a matter for the government but one for the company and the unions. “We gave the Post Office the commercial freedom that people wished for,” he said, adding that these are “challenging” times for the business.
Read MoreFrench banks Caisse des depots et consignations (F.CDC) and Caisse d’Epargne (F.CCE) promised to forge closer ties with La Poste (F.PST) Tuesday, but said bringing France’s national post office into their two-way alliance was impossible for the time being.
Read MoreJJB Sports has signed a three year contract with Lynx Express to provide express delivery services to its 400-plus UK stores. The deal is valued in excess of £3m per year.
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