Tag: Royal Mail

Price of UK first class stamps to rise

Posted by | Apr 3, 2006 | |

The price of a first class stamp will rise by two pence to 32p from today. The increase is part of the Royal Mail’s bid to work out future financing as it deals with competition since the postal market was opened up in January. But the firm has been reined in from costing its stamps too high by its regulator Postcomm, until 2010 when first class stamps will go up to 37p. The price rise will also see first Class franking prices go up to 31p, second class stamps up to 23p, and a second class franking price will be introduced at 22p. The Special Delivery service will increase by 25p to GBP4.10 for mail up to 100g.
The modest increase will enable the Royal Mail to modernise its operations, secure the nationwide delivery service and help to plug its GBP4 billion pension fund deficit.

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BBC cancels contract for UK post offices to sell TV licences

Posted by | Apr 1, 2006 | |

UK post office were dealt another blow yesterday when the BBC announced an end to their contract to issue television licences after 60 years. The corporation said it would save pounds 100 million over six years by giving the contract to Paypoint, which operates over-the-counter payments through shops such as Co-op, Londis, Spar, Costcutter, Texaco and Somerfield. But sub postmasters, who are in many cases already struggling to avoid closure, fear that the move will further damage their businesses. An estimated 2.1 per cent of post office income derives from the sale of television licences. Five million people pay for their licence at the post office every year. There are almost 15,000 Paypoint outlets, which is slightly more than the number of post offices. Paypoint said it would have 17,000 by 2007 and that its operations were open for an average of 100 hours a week.

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UK Royal Mail asks government for staff to be given stake in the firm

Posted by | Apr 1, 2006 | |

Royal Mail has formally asked the Department of Trade and Industry to allow staff to be given a stake in the company as part of its proposals seeking the government’s financial backing for a pounds 2bn modernisation programme. Royal Mail’s chairman, Allan Leighton, has been pressing for some time for workers to be given up to 20% of the company to improve efficiency and competitiveness following full liberalisation of the postal market at the beginning of the year.
Yesterday a Royal Mail spokesman said: “The proposals include giving an equal stake in Royal Mail to all of its people to reinforce their commitment to tackling the challenges posed by competition and to reward them for future success.”

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Postcomm Business Plan 2006/07

Posted by | Mar 31, 2006 | |

Postcomm’s business plan sets out its corporate strategy for 2006-09 and its detailed forward work plan for 2006-07, and follows a three month consultation period. It describes its mandate and goals, and its priorities for the year.

Contents A. Foreword
B. About Postcomm
Introduction
Postcomm’s statutory duties
Postcomm’s vision
C. Postcomm’s Longer-Term Strategy (2006-09)
The importance of postal services
Market overview and trends
Postcomm’s corporate goals
Postcomm’s major work programmes
D. Projects, Work Streams and Key Performance Indicators for 2006/07
Postcomm’s corporate goals
Ensuring the universal service
Protecting customer interests
Promoting sustainable competition
Advising on the Post Office Network
Building effective stakeholder relations
Using and developing resources effectively
E. Resources and Organisation for 2006/07
F. Corporate Governance and Internal Control
Annex – Postcomm’s Simplification Plan

P:LibraryPostalPostComm Formal Documents2006-07_business_plan.pdf

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FirstGroup's GB Railfreight wins 12-month extension of UK mail train contract

Posted by | Mar 31, 2006 | |

FirstGroup PLC unit GB Railfreight said it has done a deal with Royal Mail to continue moving mail by rail for at least another year. GB told AFX News that it has won a 12-month extension of its contract with the state-owned mail group to run postal trains between London, the north west and Scotland. The company has not disclosed the value of the extension, which is due to run until the end of March next year. GB spokesman said there would be no change to the existing arrangements under which the company runs two return services a day between Willesden in London, Warrington and Shieldmuir in Scotland. However, the contract allows for the number of trains to be increased on a night-by-night basis subject to requirements. ‘The two sides will always talk about developing the relationship and that could lead to it going beyond that,’ the spokesman added. ‘GB Railfreight is in this for the long haul and Royal Mail has indicated that it wants to see rail as part of its distribution network.’

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