Tag: UK

Consignia `should abandon Post Office closure plans'

Posted by | Apr 29, 2002 | |

Consignia should abandon plans to close thousands of urban post offices and allow them more time to develop new income streams, the Liberal Democrats urged today.
Many post office branches are already struggling for profitability and are threatened with losing a further 40% of their income when the Government starts to pay benefits directly into bank accounts in two years’ time.
The Liberal Democrats believe that up to 3,000 of the 8,500 urban branches could close in a programme which will cost the Government GBP 180 million in compensation payments.

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Rail spurs Malcolm's push into logistics

Posted by | Apr 29, 2002 | |

Transport and construction company the Malcolm Group has vowed to increase logistics operations as its customers cut down on transport suppliers.
Jim Clarke, MD of the group’s logistics division, told IFW: “The business is moving on from being merely a straight road transport provider. We are going to become more and more involved in customers’ supply chains.”

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Consignia deal to outsource forex

Posted by | Apr 29, 2002 | |

Consignia has added Post Office foreign exchange services to the list of businesses it intends to out-source as part of a Pounds 1.2bn cost-saving plan. The group, which is losing Pounds 1.5m a day, has struck a deal with First Rate Enterprises, a subsidiary of Bank of Ireland.

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UK may hold fresh talks with US on air services

Posted by | Apr 29, 2002 | |

UK Ministers will come under pressure this week to seek fresh talks with the US aimed at liberalising air services across the Atlantic.
Several government departments, most importantly the Treasury, the Department of Transport, and the Department of Trade and Industry disagree, however, on the best way to approach Washington over an issue that has long soured relations.
Officials have failed to reconcile differing views within the government. It is expected that Tony Blair will be forced to intervene to seek a compromise, triggering another round of heavy lobbying by British Airways and Virgin Atlantic.

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