Tag: UK

Postcomm statement on Royal Mail's industry consultation on zonal access price structures (UK)

Posted by | Aug 14, 2008 | |

Postcomm welcomes Royal Mail’s industry consultation on a revised zonal access price structure. This consultation impacts on two projects which Postcomm has been undertaking over the past several months.

The first project is Postcomm’s general review of zonal access pricing (under which Royal Mail charges a zonal price for delivering mail to the “final mile” for large customers and other postal operators).

The second project concerns TNT Post UK Limited’s request to Postcomm for a direction under Condition 9 of Royal Mail’s licence for two access products, both of which it requested to be zonally priced but with a two zone pricing structure.

Postcomm hopes that Royal Mail, TNT Post and the wider industry will be able to work together to put in place appropriate terms for both zonally priced access and nationally priced access to the Royal Mail network. If agreed, these new arrangements could help to secure the provision of a strong and self financed universal service in parallel with the development and sustainability of both access and end-to-end competition.

Postcomm will aim to publish its observations on Royal Mail’s industry consultation by the end of August 2008.

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Secured Mail to Get GBP 1.6m Investment

Posted by | Aug 14, 2008 | |

UK postal operator Secured Mail, is set to expand after securing a GBP 1.6m investment from Manchester-based Aquarius Equity Partners.

Secured Mail, one of 22 licenced postal operators in the UK, operates a fleet of vehicles and has a well established client base. According to MD Mark Bigley, the investment will give Secured Mail a much-needed boost for growth and enable the business to become an even bigger player in the postal industry.

Steve Sealey at Aquarius said Secured Mail was just the business model it was looking for and that it was an ideal investment in an emerging market.

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Postcomm to Amend Postal Operator Licences

Posted by | Aug 13, 2008 | |

With Postwatch soon to be absorbed into a larger multi-consumer watchdog known as the National Consumer Council on 30th September, Postcomm is making adjustments to its paperwork which includes existing postal operator licences.

To prepare for the abolition of Postwatch and the new complaint handling standards, Postcomm needs to make relevant licence modifications to postal operators’ licences to reflect the transfer of functions from Postwatch to the new NCC and the new complaint handling standards.

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APC Overnight boosts UK parcel network with expansion in Essex

Posted by | Aug 13, 2008 | |

APC Overnight has boosted its nationwide parcel services with further expansion of its network by launching a new depot covering the Chelmsford area of Essex.

Now the largest UK network with 125 depots, APC Overnight has appointed its highly successful Ipswich agent Rapid Dispatch to run the new Chelmsford operation. Rapid has quadrupled APC Overnight business in Ipswich and expects to triple the Essex business within the first year.

APC Overnight said that it continues to grow year-on-year thanks to exceptional service levels underpinned with unrivalled delivery performance that sees over 99.8 pct of parcels delivered on time. To support the growth, the company has recently expanded its National Sortation Centre in the Midlands and opened a dedicated hub in Scotland.

The new depot will cover the region incorporating Chelmsford, Braintree, Witham and Maldon, which will offer employment opportunities locally. “With the growth of APC Overnight in Ipswich, we know we will be employing a high pedigree management team backed with proven experience and enthusiasm to capitalise on the untapped potential in the Chelmsford area,” comments APC Overnight Marketing Director Jon Barber.

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Average UK adult thinks they are worth GBP 350k

Posted by | Aug 13, 2008 | |

When it comes to putting a price on their life, the average UK adult believes they are worth GBP 350,000, according to research by the Post Office.

When asked to consider everything they own or value in their life, including their home, car, annual salary and all their possessions, respondents came back with an average amount of GBP 350,000.

Many people seem to value themselves in terms of their homes as their biggest asset, as there is a direct correlation with house prices and self-valuation. For example Londoners value themselves at GBP 500,000, with an average house price of GBP 345,000 whereas those in the East Midlands only value themselves at GBP 300,000, with an average property at GBP 142,000.

Adults approaching, or already in retirement, emerged as the group who valued themselves the most (GBP 500,000). On average people in their sixties valued themselves more than double that of people in their twenties and thirties.

Almost 36 million (75 per cent) adults in the UK have no life insurance, posing a real financial risk to them and their family if anything was to happen to them. Although the cost of life insurance has dropped by 70 per cent over the last 30 years, more than a quarter of adults (28 per cent) claim they simply cannot afford it, while over eight million (18 per cent) adults feel their lives are not worth insuring at all.

Whilst it is natural that people may wait for certain ‘life’ triggers before considering life insurance, it often inevitably slips down the priorities list. One in seven said they would take out life insurance when they have a child (14 per cent) or when they buy their first house (13 per cent) and one in 10 (10 per cent) when they get married. However, four in 10 adults (39 per cent) suggest they could already be at risk by saying they should take out life insurance as soon as possible.

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