Tag: TNT

SNP concern as taxman awards TNT mail contract

SNP postal affairs spokesperson, Mike Weir MP, has expressed bemusement at news HM Revenue & Customs have awarded a £4.5m-a-year contract to deliver its internal mail to TNT – just a week after it was revealed the company had been forced to hand over tens of millions of pounds in unpaid tax.

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Royal Mail: privatisation of strategic interest

Plans to part-privatize Royal Mail are attracting strong interest in its parcel division, which focuses on the more resilient road and home delivery market sectors. It currently holds an estimated 7% share in the European express market and is well positioned given the current economic climate, making it an interesting target for companies wanting to increase their footprint in these growth areas.

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