Tag: UK

Postal workers threaten wave of strikes

Postal workers are threatening a wave of 24-hour national strikes unless Consignia gives in to their demands on new delivery times.
The Communication Workers Union has given Consignia, which runs the Royal Mail, until the end of today to respond to its request that the operator should test several new delivery structures.

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Post Office reach agreement over benefits payment

Post Office Ltd recently announced it had reached agreement with the Government which will enable customers to continue collecting their benefit payments in cash at Post Office branches after the switch to automated credit transfer (ACT) from April 2003.
Customers will be able to continue using Post Office branches to collect their benefit payments in cash after the switch to ACT through an existing bank account, as some people already choose to do, or through a basic bank account or a card account available at the Post Office. Real-time banking transactions will be supported by IBM technology.

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Britain trails rivals in postal survey

THE British post office Consignia has seen its expensively acquired European parcel network ranked bottom in a customer survey against its top six rivals.

Independent market analysts Datamonitor, in a survey of 650 leading manufacturers and retailers, rated Consignia&’s General Logistics Systems seventh for overall performance.

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Securicor set to gain from tax changes

Proposed changes to the capital gains tax regime are likely to open the way for Securicor to withdraw from a distribution joint venture with Deutsche Post, without incurring a tax charge of up to Pounds 100m.
The security services group has an agreement with Deutsche Post whereby it can force the German group to acquire its 50 per cent stake in 2004.
This would be for fair value plus a premium for control, and would not incur a capital gains tax charge.

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Consignia home shopping up 10%

Post Office group Consignia says revenue from its home shopping fulfilment service rose 10% to £500 million in the past year. The figure was revealed as Consignia launched a new online customer delivery selection service this week.

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