Axial sale could bring Tibbett & Britten £100m
Tibbett & Britten, the logistics group, is planning to sell Axial, its car carrying business, in order to reinvest in its core European and North American operations
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Post Office threatens to quit licence negotiations
The Post Office has rejected a draft licence published by its new regulator and raised the prospect of its withdrawal from licence negotiations before the legal deadline in three weeks’ time.
In a strong response to the draft licence, the Post Office accuses Graham Corbett, the regulator, of seeking to diminish confidence in the postal service and to undermine its uniform national pricing system.
Value of Europe & UK road transport business
UK – range £40-47 billion for 2000
Europe – 338-423 billion Euros for 2000
KLM makes conditional offer for BA's Go
Leo van Wijk, chief executive of KLM, the Dutch national airline, said on Tuesday that the group had submitted a conditional offer to take over Go, British Airways’ low cost subsidiary.
The offer was “conditional and contingent on BA accepting certain elements,” said Mr van Wijk. “If it is acceptable we can firm it up.
Post Office ready to deliver a full package for e-tailers
The Post Office is now marketing the complete package to a number of
large e-tailing companies.
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