Tag: UK

Consignia's woes mount ahead of loss announcement

Posted by | Jun 12, 2002 | |

Postal group Consignia was facing the threat of a national strike over jobs as it prepared to unveil record losses of over #1 billion, it was revealed tonight.
The Communication Workers Union (CWU) could ballot over 200,000 postal workers for industrial action in protest at plans to outsource support services, including cleaners’ jobs.
The move would heap more problems onto Consignia, which is tomorrow expected to report losses of up to #1.2 billion and confirm thousands of job cuts.
The company is also set to axe its controversial name and restyle the group as the Royal Mail.

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Consignia offers insurance

Posted by | Jun 11, 2002 | |

CONSIGNIA has entered the home contents insurance market in a bid to cash in on the millions of pounds in business still untapped in the lower end of the sector.
The group, which has 12 per cent of the travel insurance market, has joined up with the broker Aon and the insurer Royal & Sun Alliance to offer the cover through its post office network.

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Postal strike brings strife to thousands of companies

Posted by | Jun 11, 2002 | |

NORTHERN Ireland businesses were thrown into chaos yesterday following an illegal industrial action by postal workers.
Thousands of businesses in south, west and north Belfast said they were seriously hit by the walkout at the city’s main delivery centre in Tomb Street following allegations that a worker was assaulted by a manager.
Residential and business customers in the east of the city, which has its own delivery centre on the Beersbridge Road, were unaffected by the action.

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Business Express invests £63 million

Posted by | Jun 11, 2002 | |

Business Express has invested £55m in its Shaw sorting centre and £8m on a new track and trace system. Using the new Beumer system 150,000 items a day pass through the site, estimated to reach 232,000 a day from September.

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Rail – Full steam ahead into new markets

Posted by | Jun 10, 2002 | |

It may be hard to believe in the current climate, but the rail freight business is on the up, reports Chris Lewis
Despite the widely publicised problems surrounding the Channel Tunnel and post-Hatfield crash disruptions, growth in the UK rail freight business over the past 12 months has been around 8%-9% – enough to deliver the government’s target of 80% growth over the next 10 years, says Julia Clarke, head of freight at the Strategic Rail Authority (SRA).

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