The perilous state of the Post Office was revealed today when the chairman of mail group Consignia said the service needed “major surgery” to survive.
Allan Leighton starkly told a committee of MPs that managers were totally focused on making sure the organisation was still in existence in a few years’ time.
Thousands of jobs are being cut, post offices will close and second deliveries look set to be axed, MPs heard.
PalletForce Company Profile
Read MorePostal group Consignia is to switch occupational health services for its 220,000 workers to a private firm as part of outsourcing plans to save pounds 60m a year.
A five-year pounds 70m contract is expected to be signed within weeks with SchlumbergerSema, part of a global services group with headquarters in New York and contracts covering 200,000 public sector employees in Britain.
DFDS Transport in the UK and Ireland has reversed the downward trend in the transport industry for 2001 results by announcing annual profits of GBP 3.4 million, 193 per cent higher than the previous year. The profit was earned from an increase in revenues to GBP 283 million and a growth in individual consignments to nearly 800,000, making DFDS one of the fastest-growing transport organizations in the UK and Ireland.
Read MoreOKA, Internet and mail order supplier of furniture and accessories has appointed home delivery operator Beck & Call to handle premium home shopping deliveries to customers living in central London.
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