Tag: UK

Royal Mail chairman blasts Postcomm

Posted by | Dec 3, 2002 | |

The chairman of Royal Mail has launched a fresh attack on the industry’s regulator, claiming that it’s threatening the future of the postal service.

Allan Leighton says the business is running out of time to put in place a recovery plan, blaming constraints from Postcomm.
Mr Leighton says it’s now nine months since the Royal Mail submitted plans to raise stamp prices by 1p as part of its plan to tackle losses which are still running at more than £1 million a day.

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UK Government gives £450M aid to rural Post Offices

Posted by | Dec 3, 2002 | |

The government is to provide up to 450 mln stg in financial support to rural post offices, said David Mills, chief executive of Post Office Ltd.

He said the spending, which would involve 150 mln stg annually over the next three years, will be used to keep the entire 8,500 rural branches operating.

“Without this money Post Office Ltd would not have been able to continue operating rural branches, and as a result up to 80 per cent may have closed,” he said.

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Welsh Post Offices in line for £48M

Posted by | Dec 3, 2002 | |

Wales’ vital network of small post offices is to receive a massive cash boost.

The Government will announce today that the threatened focal points for thousands of small communities are to receive pounds 48million over the next three years.

The Government has caved in to criticism over post office closures. The pounds 48million is Wales’s slice of a pounds 450million fund for Britain’s small post offices.

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"Postcomm price controls to cost 10,000 jobs" say post managers

Posted by | Dec 3, 2002 | |

The Communication Managers Association section of Amicus, the union representing 14000 postal managers and professionals, today says in a submission that the price control proposals of postal services regulator Postcomm would threaten 10,000 jobs and strangle the company during its 3 year recovery period.

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DFDS Transport gets UK Ministry of Defence contract

Posted by | Dec 2, 2002 | |

DFDS Transport has won a two-year contract with the UK Ministry of Defence for road transport services between the UK and the republics of the former Yugoslavia. It will carry a range of general supplies needed to support the UK armed forces presently located in the region in a contract worth up to £8.5m (€13m).

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