Tag: Royal Mail

UK Post Offices are on the move to protect rural service

Posted by | Nov 3, 2005 | |

Mobile post offices are going on the road to save services for six County Durham communities. Counters are being set up a few hours a week in Escomb, Toronto, Witton Park, Fir Tree, Witton-le-Wear, all in Wear Valley, and Cornsay Colliery, near Durham. Subpostmasters are due to resign in Escomb, Toronto and Witton Park and premises have already closed in the other three. Margaret McCombie, subpostmaster at Tow Law, has been appointed to provide the mobile service offering banking, bill payment, travel insurance and car tax. Rural development manager Matt Silcock said the aim was to safeguard the long-term future of services.

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UK Royal Mail confirms dates for price change announcements

Posted by | Nov 3, 2005 | |

Royal Mail has confirmed that an announcement regarding price changes for the existing Presstream tariff will be made on 15 December. Any changes would take effect from April 2006 and would apply until 21 August 2006 when the new Pricing in Proportion (PiP) tariff will be implemented. Royal Mail has confirmed that it will be announcing PiP prices in March 2006. Meanwhile PPA (Periodical Publishers Association) is due to make a final submission to Postcomm regarding the regulator’s intention to withdraw Presstream from the regulated area.

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The Mail Show 2005: Top executives debate key UK regulatory issues

Posted by | Nov 2, 2005 | |

The first day of this year’s Mail Show brought all the leading mail executives together to debate the future of the domestic mail market. An audience of over 400 senior industry figures heard Postcomm Chairman Nigel Stapleton call for Royal Mail to concentrate on “efficiency gains” rather than hoping for a government handout to alleviate its GBP4bn pensions deficit. Speaking to the Financial Times, he described RM as “a pension fund with a mail business attached rather than the other way round”. Royal Mail’s Adam Crozier responded that it would descend into a “spiral of decline” if forced to cut costs to the level required by Postcomm. Competitiveness Minister Barry Gardiner said that he would wait until price controls were finalised before intervening and that, if the price settlement is correct, RM should be able to meet its obligations. In another session, Triangle presented the results of Monday’s Customer Forum of the UK’s top mail users. Among their conclusions was that there had been little change in the product alternatives available from the operators in 2005, and that Royal Mail is fighting back using weapons such as Pricing in Proportion to muddy the waters.

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Postmasters’ buyout plan could split UK Royal Mail

Posted by | Nov 2, 2005 | |

A Postmasters’ group is attempting to mount a management buyout of the main postal network in a move that would split the Royal Mail group, The Times has learnt. The Postmasternetwork, which claims 7,500 members, this week will meet potential American investors to try to secure up to GBP150 million of funding to buy the 14,500-strong chain of loss- making sub-post offices. The group has held meetings with the Department of Trade and Industry already to press the idea. The organisation has emphasised its interest in running the network, although it would need government support for about two years, as the future of the UK’s postal service is being reviewed.

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