Tag: UK

Postal Regulator refutes Royal Mail licence claim

Posted by | Nov 19, 2002 | |

The postal regulator has hit back at accusations from Royal Mail that the new terms and conditions for liberalisation, revealed this week, will give foreign competitors an unfair advantage.

A Postcomm spokesman says: “Royal Mail is being disingenuous here – it uses its domestic profits to finance a successful operation in Holland. Condition 12 of the standard licence states that we can identify when an operator is cross subsidising UK operations using domestic products. In the year of set-up we would expect this to be the case but after that we would refer such activity to the competition authorities.”

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£14m hub plan for Palletline

Posted by | Nov 19, 2002 | |

Palletline, which believes itself to be the largest of the pallet networks, has identified possible sites for an industry-led hub in the Midlands. Chairman Bob Russett says that the new hub will be operational in the next 2 to 3 years, will have a capacity of 20,000 pallets a night and cost around £14m.

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Postmen going business class

Posted by | Nov 18, 2002 | |

A positive set of figures from Business Post (BP) in the six months to 30 September reflected both strong growth in its core express business and the rapid development of the group’s newer, smaller business units. Pre-tax profit was up 6% to £7.1m ( t11m) on turnover which increased by 15.7% to £72.9m (£113.7m).

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Single post a `shambles' nationwide plan is put on hold

Posted by | Nov 18, 2002 | |

A postal experiment which cut deliveries to one a day in parts of Merseyside has been branded a shambles.

Royal Mail officials have put plans to introduce the scheme across the country on hold, after major problems with the pilot programme in St Helens.

Union representatives have been holding a series of meetings with Royal Mail management after what they describe as three months of “absolute chaos”.

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Hays threatens to sue over Royal Mail VAT exemption

Posted by | Nov 18, 2002 | |

Hays, the UK’s main rival to the Royal Mail, is threatening to sue over the Royal Mail’s exemption from as much as GBP500m (E785m) of value added tax (Vat). Hays and the Royal Mail’s other competitors including Business Post, Dutch operator TNT and the German carrier Deutsche Post are upset that they have to pay Vat on their business post services which compete with the mail, which is so far excluded from paying it.

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