Tag: UK

Postmen 'To sell stamps on doorstep'

RURAL postmen could sell stamps and collect mail from doorsteps under radical plans being drawn up by the Government.
Trade Secretary Patricia Hewitt wants to offer extra services in isolated parts of Britain in a bid to breathe life into the ailing Post Office.
Other plans include opening post offices in village pubs and mobile offices travelling to small villages every week.
Ministers are also considering whether postmen could collect and deliver cash to homes.

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`Bullying and harassment costs Consignia £15M a year,' says Amicus

Amicus, the union for 15,000 managers and professionals in Consignia, is today (Monday) publishing a survey, which reveals an institutional culture of bullying and harassment within the post office.
80% of staff say they had experienced bullying in the past year, 33% had experienced uninvited sexual teasing, and verbal abuse and 60% had witnessed another colleague being bullied within the past year.
Respondents reported an average 51 days sick leave taken by those suffering bullying and harassment, the union calculates that the full cost to Consignia could be as high as #15m per year. This does not include compensation payments to victims.

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Consignia eyes £1.8bn dividend return

CONSIGNIA is in negotiations with the Government over its dividend policy, in a move that could lead to it receiving back-payments of pounds 1.8 billion. The renamed Post Office, which is losing pounds 1 1/2 m a day, is expected to ask for the money, which was given to the Government under a dividend policy, to cover its losses and restructuring. Allan Leighton, the Consignia chairman, is likely to make the request later this month when he unveils the organisation’s full-year results.

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P&O hopes to sell European logistics unit

Peninsular and Oriental Steam Navigation Company, the ports, shipping and logistics group, hopes to sell its Trans European logistics business.
Analysts said Trans European could fetch Pounds 135m-Pounds 150m, if valued on a par with rivals. This would put the business on 4.5 to 5 times earnings before interest, tax, depreciation and amortisation, which last year were Pounds 30m.
P&O is understood to have decided to sell the subsidiary after a strategic review concluded it was not big enough to compete with emerging global rivals.

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No substance to Wilson sale talks with DFDS Transport

Wilson Logistics last week denied rumours it was for sale and in talks with fellow Scandinavia-based forwarder DFDS Transport.
AWilson spokeswoman said: “I think these rumours have come about because our owners have said they will not be our owners in the long term, and we are the only Scandinavian forwarder with a global presence.
We have not had any discussions with DFDS Transport.

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