Royal Mail executives may take some comfort from the expected sale of the mail operation of Hays, one of its few new domestic rivals.
However, most observers expect that the mail business, which is profitable and thought likely to fetch between Pounds 350 million and Pounds 450 million, would provide stiff competition, even if it were placed under new ownership.
Read MoreSurvey results released today by Communication Managers Section of Amicus, the union for managers and professionals in Royal Mail, found that management staff believe that the organisation continues to lack the skills, direction and leadership to cope with the challenges it faces. The Royal Mail is currently awaiting finalisation of postal services regulator Postcomm’s price control proposals and the introduction of competition.
The survey was carried 1600 managers and senior managers across the UK.
Read MoreFormer NZ Post chief executive Elmar Toime has started his new job as executive deputy chairman at Britain’s Royal Mail.
His last day at NZ Post was late last week. His deputy John Allen has taken the helm while an international search is undertaken to find a replacement.
Read MoreHays the UK business services group, on Tuesday said it was exiting all activities, apart from personnel, through a programme of disposals as it announced a 26 per cent fall in interim profits. The announcement sent shares in Hays up 8 per cent to 79p in early trade in London. The company, which also operates in the logistics, mail and express and call centre and information management businesses, said there “were insufficient linkages between the four divisions to outweigh the advantages of focusing the group on a single activity.”
Read MoreExpress delivery specialists Business Post Group hailed a first-class purchase with a swoop for a pounds 4 million turnover Midland technical courier.
Business Post today announced the acquisition of BXT Limited, a Birmingham-based courier operation.
The purchase of BXT provides Business Post with an entry into the technical courier market as an addition to the group’s own expanding courier business, UK Today.
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