UK Government plans to split Consignia into 2 companies
LONDON (AFX) – Consignia, the renamed Post Office, will be split into two companies under a radical proposal being examined by the government, the Sunday Times reported without citing sources.
It said ministers are considering a plan to merge Royal Mail and Parcel Force into one company and put Post Office Counters (POC), which runs the network of 17,800 regional post offices, into another. Each company would have a separate board and management structure.
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