To have started a company whose very name sums up the market it serves is a privilege enjoyed by few. Yet that’s the situation Jim Doyle finds himself justt two years after starting Collectpoint.
True, othe drop-off poin schemes for home shopping deliveries hay appeared since Collectpoint was founded in December 1999, and some of these survive. But it’s Collectpoint that dominates the market, and whose name springs to mind as soon as the subject is raised.
Terrorist fears and a travel slump. It’s the best time to deregulate
Read MoreConsignia and the postal workers’ union have struck a deal over job losses at the former Post Office which avoids compulsory sackings and makes a damaging nationwide strike much less likely.
Officials at the Communication Workers Union have claimed an agreement negotiated in the past few days provides guarantees that 30,000 redundancies over the next three years will be voluntary.
Amid all the talk in the past couple of years moving into thirdpay6j fulfilment, it’s been easy to ignore one that got there ahead of the game.
Business Express, the Littlewoods group subsidiary, bpened its doors to outside customers many years ag Rem arkably, until recently it had more than a thousand of them on its books. Third-party business was (and is) very much a part of its long-term game plan.
TPG NV confirmed it held “exploratory” talks with UK postal operator Consignia, but said the talks have ended with no result.
Talks were aimed at “giving TPG access to the UK domestic postal market and improving the operational efficiency of Royal Mail”, TPG said in a statement.
TPG, Consignia and Singapore Post already work together in a joint venture for international mail.
TPG noted that “any further cooperation between the companies would have been subject to the acceptance of a number of strict commercial conditions that would have ensured enhanced value for TPG shareholders”.
A spokesman was quoted as saying that talks broke down because the companies could not reach “common ground”. TPG remains interested in entering the UK domestic market, they added.
The Financial Times reported yesterday that TPG held talks to acquire Consignia.
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