LYNX in Sunday Times profit Fast Track top 100
LYNX Express has been confirmed by the Sunday Times Profit Track 100 as one of the fastest growing companies in the UK in terms of profitability measured over a rolling three years.
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Deutsche Post to use UK Royal Mail network
Deutsche Post, the German mail delivery company, has moved further into the UK business market by agreeing terms to use Royal Mail’s delivery network. The move breaks months of deadlock and avoids the need for Postcomm, the postal regulator, to step in to set a price. Terms of the agreement, expected to be approved formally by the Royal Mail board early this month, are the same as those announced in February between the Royal Mail and the UK Mail arm of Business Post, its private sector rival. Royal Mail will deliver post collected and sorted by Deutsche Post. The German company will pay 13p for letters fully sorted by one of Royal Mail’s 1,450 delivery offices and 13.375p if items are only sorted by postcode.
Read MoreBritish and French postal services issue stamp honoring friendship
Britain and France are jointly releasing a set of postage stamps to mark the hundredth anniversary of the pact that ended centuries of hostility between the two nations, Royal Mail said.
The Royal Mail and the French Post Office, La Poste, will begin selling the stamps marking the centenary of the Entente Cordiale, two days ahead of the anniversary.
Read MoreChristian Salvesen issues new profit warning
Christian Salvesen issues new profit warning
Read MorePostcomm set to probe UK Royal Mail price plan
Postcomm is to finally launch a consultation on Royal Mail’s controversial size-based pricing scheme, nearly two years after the postal operator revealed its plans.
But even if the proposals are approved, the scheme will not be introduced until September 2005 at the earliest. Postcomm admits “it is more likely size-based pricing will not be introduced before April 2006”.
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