Tag: UK

UK postal workers walk out over Cashco sell-off

Angry postal workers at a Royal Mail depot near Bristol walked out yesterday in an unofficial strike in protest at plans to sell off a key part of the Post Office.

The workers are employed by Cashco, which is the arm of the Royal Mail that delivers cash and high-value items.

The action began at 7pm on Monday after detailed plans were revealed regarding the sale of Cashco to privateers Securicor.

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TPG receives UK interim licence to deliver bulk mail

Mail, Express and Logistics company TPG N.V. has announced today that its subsidiary TPG Post UK Limited has received an interim licence to provide bulk mail and consolidation services in the UK market. The interim licence will enable TPG Post UK to start a pilot service. TPG Post UK has also applied for a full-term licence, which the company expects to receive in 2003.

TPG intends to provide services to large companies, publishers, mailing houses and direct marketers who need a reliable, competitively priced service. The company will target customers with large mailings who have individual mailings of over 4,000 items.

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