A Doomsday scenario for the ailing postal service that could lead to the end of door-to-door deliveries has been mapped out by postal bosses. Executives at Consignia, the new name for the Post Office, warned “extremely drastic measures” will have to be taken unless the Government gives them more freedom to invest in their future.
Read MoreParcelforce, the delivery business run Consignia, will have to close if its losses are not stemmed within 12 to 18 months, senior executives have warned. They say that all but the operations it is forced to carry out to fulfil its commitments to provide a universal service would be shut unless the losses – expected to reach £200 million by the end of the year – are turned around by spring 2003.
Read MoreThe old Post Office is under fire from all sides. In an exclusive interview, John Roberts revealed his action plans to Mary Fagan
Read MoreFrustrated Royal Mail watchdogs meet lawyers this week to see if they can sue Postcomm. Five months ago, Postwatch investigators asked Consignia for details on how many deliveries a week it missed in several districts. Consignia refused, and was backed by Postcomm, which said it was not legally obliged to co-operate.
Read MoreWHSmith.co.uk has ditched Royal Mail in favour of a private delivery company to help allay customer concerns over late deliveries. The e-tailer has appointed Business Express to handle the delivery of its online orders in future, rather than rely on the standard Royal Mail service.
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