Commentry from The Times on Royal Mail board appointments.
Allan Leighton’s powers of persuasion apparently know no bounds. When he took on the chairmanship of what was then ludicrously known as Consignia, even his friends told him he was brave, verging on mad. But now he has lined up not one but four heavyweights to join him on the board of what is now Royal Mail.
Royal Mail Group has appointed four new non-executive directors, Mike Hodgkinson, Richard Handover, David Fish and John Neill.
Read MoreThe Royal Mail Group has halved its PR spend to pounds 2.5m while simultaneously more than doubling the number of PR agencies on its roster.
Five agencies will handle PR work across the Royal Mail Group’s three divisions: Royal Mail, the Post Office and Parcelforce Worldwide.
Cohn & Wolfe, Countrywide Porter Novelli, Eulogy!, August.One Communications and Shine Communications have secured the work after a ten-week competitive pitch. They will work alongside Communications Services, the Royal Mail Group’s in-house PR team.
Read MoreThe postal regulator has hit back at accusations from Royal Mail that the new terms and conditions for liberalisation, revealed this week, will give foreign competitors an unfair advantage.
A Postcomm spokesman says: “Royal Mail is being disingenuous here – it uses its domestic profits to finance a successful operation in Holland. Condition 12 of the standard licence states that we can identify when an operator is cross subsidising UK operations using domestic products. In the year of set-up we would expect this to be the case but after that we would refer such activity to the competition authorities.”
Read MoreA positive set of figures from Business Post (BP) in the six months to 30 September reflected both strong growth in its core express business and the rapid development of the group’s newer, smaller business units. Pre-tax profit was up 6% to £7.1m ( t11m) on turnover which increased by 15.7% to £72.9m (£113.7m).
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