Royal Mail overhauled its board remuneration policy yesterday in a stinging indictment of previous management.
The loss-making mail operator will no longer pay executives their full pension if they retire before the age of 60, “so that no director benefits from any kind of pension fund top-up”.
Read MoreDART GROUP PLC
PRELIMINARY RESULTS FOR YEAR ENDED 31 MARCH 2003
Letter from Colin Millbanks, CEO GeoPost UK in repsonse to article about Amtrak:
Read MoreInitial City Link has extended its relationship with IT firm Computer 2000 by being appointed to handle national deliveries of its hardware and software. Initial already distributes over 2,000 modems a week for the company.
Read MoreThe European Commission said it has cleared the acquisition by Deutsche Post AG of sole control of Securicor Omega Holdings Ltd, which it previously jointly owned with Securicor PLC.
The commission said the deal gives rise to only limited overlaps which do not trigger competition concerns in either the UK or Ireland, which are the only member states where both companies are active in these services.
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