Postcomm Postal Services Commission Annual Report 01-02
Postcomm Postal Services Commission Annual Report 01-02
Read MoreTag: UK
£450M boost for rural Post Offices in UK
Rural sub post offices are to get a pounds 450m injection to keep them afloat for the next three years in one of the biggest gestures to the countryside lobby so far.
The trade and industry secretary, Patricia Hewitt, will announce the grant on Monday to cushion the loss of cash payments of benefits and pensions which will be phased out of post offices from April.
Read MoreThe hyperactive postmaster
Profile of Allan Leighton.
Allan Leighton is sorting out Royal Mail and Leeds United, while keeping an eye on Bhs, Lastminute.com and a gyms business. Sophie Barker asks: how does he fit it all in?
Post regulator looks at UK Royal Mail break-up
Postcomm, the postal services regulator, is to investigate breaking up Royal Mail as part of a drive to increase competition in the market. The review, planned for next year, could result in the separation of the postal delivery network, including all postmen, from the rest of the group. It may prompt the resignation of Allan Leighton, the man brought in by the Government to revive the fortunes of the loss-making company. Royal Mail insiders say that the investigation itself could prove the final straw for Leighton, whose relationship with the regulator has become increasingly strained.
Read MoreRoyal Mail to close distribution centre in UK
A royal Mail regional distribution centre is to close next week as part of a major review of the company’s transport networks.
The South Devon and Cornwall Service Centre on the Langage Industrial Estate will close on December 8, following the announcement of its fate in March.
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