Tag: UK

Consignia aims to improve e-commerce delivery

Posted by | Oct 30, 2001 | |

Delivery has been a problem for e-commerce in the past, but Consignia’s new services aim to improve the experience for buyers and sellers

Gift and grocery delivery may be easier this Christmas, thanks to expanding schemes from Consignia, the new brand name for the Post Office. Non-delivery and late arrival of goods ordered online has been a major problem in the past two years, but services from Consignia could improve matters for some buyers and sellers.

Local collection services, which started in five areas three months ago, are now available across the whole of the country. Local collection allows items to be picked up from the recipient’s nearest post office. About 2,000 items a day are now collected locally and over 110 sites offer the service free, Consignia said.

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US finance group possible bidder for Railtrack

Posted by | Oct 28, 2001 | |

Babcock & Brown, the US finance group, has emerged as a possible bidder for all or part of Railtrack, the privatised UK rail network operator. The group has been considering financing packages for Railtrack for months.

The proposals, which considered ways that areas of Railtrack could be financed more cost-effectively, had not reached formal discussions when Railtrack was put into administration three weeks ago.

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EasyJet profits rise 82% as share issue planned

Posted by | Oct 28, 2001 | |

EasyJet, the UK-based low-cost airline, reported a sharp rise in full-year profits on Monday and announced plans for a share issue to fund its expansion.

The company said pre-tax profits for the 12 months to the end of September jumped 82 per cent to £40.1m ($57m), from £22.1m last year and said it was well positioned to take advantage of the crisis facing most of its full-service rivals.

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