Tag: UK

Moneygram® and Post Office® deliver greater peace of mind to international money transfers

Posted by | Jan 10, 2008 | |

Post Office® and MoneyGram® have welcomed the introduction of the UK Remittances Task Force Customer Charter, supported by the Department for International Development.

MoneyGram is one of the founder signatories to the new charter which aims to ensure greater transparency and security of service for the millions of people across the UK who send money transfers worth an estimated GBP 2.3 bn abroad each year.

MoneyGram’s international money transfer service is available at all 14,000 Post Office® branches nationwide making it the largest provider in the UK to sign up to the charter – its participation in the scheme ensures that over half of the UK’s transfer outlets will immediately comply with its standards.

The MoneyGram service at the Post Office® is fully in line with the charter’s standards which aim to ensure customers understand the fees and exchange rates that will apply to their transactions before completion, as well defining the information required to ensure secure delivery to the recipient e.g. location of collection points and timescales for delivery.

The Post Office® and MoneyGram have a long term commitment to leading the way in providing international money transfer services which customers can trust to offer high levels of speed and security. The recent introduction of a new computerised system allows cash to securely travel in just ten minutes* from any Post Office® to 138,000 MoneyGram locations across the world.

Read More

Royal Mail appoints Lamb to lead data development team (UK)

Posted by | Jan 10, 2008 | |

DMA (UK) Data Council chair Tony Lamb has taken up a position in Royal Mail’s data strategy team as Head of Data Development.

Lamb will be responsible for the development of Royal Mail’s data strategy, building the postal operator’s range of value added solutions to help businesses more effectively reach existing and new customers through the post.

Lamb has more than 18 years’ experience in the data industry, including running his own consultancy and managing Conduit Business Information.

He also headed up the UK technical development team at Wegener DM, which he joined after a stint at The REaD Group as business data chief.

Lamb started his career at Centaur Media, heading up the Centaur Direct Marketing division.

Over the course of 2007, as Chair of the Data Council, Lamb was instrumental in driving environmental initiatives and raising the profile of best practice in data-led direct marketing.

Read More

Millions of people more reliant on credit in the new year than in 2007

Posted by | Jan 10, 2008 | |

New research from the Post Office® reveals that one in four credit card holders will be starting the New Year more dependent on credit than in 2007, with 41 per cent intending to rely on their credit card for day to day living costs such as grocery shopping.

The Post Office® is advising anyone relying on credit to ensure they get the best possible deal so they don’t end up over-paying for money borrowed on credit cards.

The research also revealed that half of card holders said they intend to use their credit card in the January sales and almost a third (28 per cent) said they plan to make bigger purchases on holidays.

With a huge 53 per cent of people not paying their credit card off in full each month, the Post Office® is urging borrowers to use the New Year as an opportunity to check all aspects of their finances – particularly the rate they are paying on their credit card.

As well as no overseas commission charges, the Post Office® credit card also has zero per cent on balance transfers for the first 10 months and zero per cent on purchases for the first three months. In addition, it offers zero per cent again on new balance transfers made during the month of the cardholder’s first and second anniversary.

Even after the promotional periods, the Post Office® credit card still offers a competitive interest rate of 15.9 per cent APR typical (variable).

Read More

PIN Group attracting interest from CVC Capital, postal companies – report

Posted by | Jan 10, 2008 | |

PIN Group has attracted interest from French, Austrian and Swiss postal services companies as well as from buyout firm CVC Capital, Handelsblatt said, citing unnamed consultants.

The sources said CVC, La Poste of France, Austria Post and Suisse Post have contacted Axel Springer AG, PIN Group’s majority shareholder, the paper reported, adding that an Axel Springer spokeswoman declined to comment.

La Poste of France and Austria Post said they were not interested in PIN Group, Handelsblatt said.

Read More

Postcomm publishes decision document on its interim review of 2006-10 Price Control (UK)

Posted by | Jan 10, 2008 | |

Postcomm has published a decision document confirming its proposals made in August 2007 that Royal Mail should be given extra flexibility to increase some retail prices and that access margins should be left unchanged.

These decisions are in response to the requests by Royal Mail, TNT Post and UK Mail for a review of some aspects of the 2006-10 Price Control.

As set out in Postcomm’s proposals document published in August, this decision would allow Royal Mail to raise the price of a second class stamp to 29p by 2010, subject to inflation (the original price cap was 26p). The price cap on a first class stamp will not be affected by this decision2.

In addition, Postcomm has decided to reject the requests from Royal Mail, TNT Post and UK Mail to change the margin between Royal Mail’s prices for bulk mail products and the amount Royal Mail charges other mail operators for access to its network and delivery of bulk mail over the ‘final mile’. Royal Mail had wanted to reduce the margin and the two Access operators argued that it should be increased.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest