Challenges for incumbents in a competitive market
Managing Consignia as a commercial business
Protecting the branch network
Identifying new business opportunities
Stuart Sweetman, Group Managing Director, Strategy & Business Development, Consignia plc, UK
The reserved area Vs the licensed area
Assessing potential new entrants and awarding licenses
Protecting the public’s right to quality of service
Encouraging co-operation between operators
Graham Corbett, Chairman, Postcomm, UK
Read MoreHays settles Consignia court case for £5.5m
Read MoreBUSINESS Post, the postal services group, is preparing to report Consignia to the regulator, PostComm, over how much the renamed Post Office can charge its rivals for delivering their mail. The row over charging will be the first to break into the open since PostComm announced plans in January to open up the market for bulk letter mail. Business Post plans to collect mail from business customers, sort it and transport it to the most appropriate depot for final delivery by Royal Mail staff.
Read MoreConsignia is considering selling its pounds 1.8bn property portfolio in an attempt to plough cash into its loss-making business.
The troubled postal group has held informal discussions with quoted property company Land Securities and the George Soros-backed property investment group Mapeley.
Consignia is understood to be impressed with BT’s pounds 2.4bn property sale to Land Securities that completed last year, but a final decision over whether to follow suit is still months away. Consignia is putting the finishing touches to a plan to strip more than pounds 1bn from its cost base.
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