UK Royal Mail 'at last dragged into 21st century' postal services
Royal Mail is “at last being dragged, kicking and screaming into the 21st century” with post office customers finally able to use debit cards to pay for stamps, envelopes and other mail services. David Mills, chief executive of the group’s Post Office business, is not afraid to characterise the institution as one that is enduring a painful introduction to the modern world. The jovial former HSBC personal banking chief firmly intends to encourage modernisation. He joined in January last year with the aim of making the loss-making network profitable within five years. The Post Office, which has 17,000 branches across the UK, should exploit more fully its position as one of Europe’s, and Britain’s, largest retail outlets, he says.
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