Tag: UK

Tanfield picks TNT

Posted by | Jul 5, 2007 | |

Electric truck maker Tanfield has chosen TNT for the shipments of consignments around the UK and Europe.

The six-figure deal for TNT includes delivery of critical components from Europe to Tanfield’s two UK sites in the North East along with and the export of vehicle parts back to the Continent.

TNT currently handles up to 200 consignments each week with components weighing in at anywhere between a single kilo right up to a hefty 100 kilogram packages.

All of the parcel traffic is being routed through Tanfield’s local TNT Express depot in Durham and the nearby Durham and Tees Valley Airport, but the overall operation of parts flowing in from and back out to Europe, is being masterminded by TNT’s unique Automotive Control Centre in Northampton.

Last December TNT Express Services became first company to purchase and trial Tanfield’s 7.5-tonne Newton truck

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Post Office boosts Instant Saver rate

Posted by | Jul 5, 2007 | |

The Post Office is increasing the rate on its Instant Saver account from 5.75 per cent to 6.00 per cent* following today’s rise in the Bank of England base rate.

The new rate will be available to new and existing Instant Saver customers from August 1 2007.

Post Office Head of Savings Richard Norman said: “The Post Office® continues to be one of the few savings providers to consistently pass on base rate rises in full to customers, and we guarantee to do so until 2010.”

Post Office Instant Saver also guarantees to remain within 1.0% of the Bank of England base rate for the life of the account and offers six free withdrawals a year with a flat fee of just £1 for future withdrawals.

Instant Saver is available at all of the UK’s 14,000 Post Office branches, by telephone and online. Withdrawals can be made both at branches and ATMs, offering unrivalled choice and convenience.

*This includes a 1.0% bonus for 12 months from the date of account opening.

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Virgin Money launches pre-paid card

Posted by | Jul 5, 2007 | |

Virgin Money today entered the pre-paid card market with the launch of its Pay As You Go card.

The card is aimed at the three million people who do not have a bank account, and migrant workers, who can use it to send money home to their families.

The card works in a similar way to pay-as-you-go mobile phones, with people able to top up their card with money at Post Offices, PayPoint outlets and online.

Once money has been put on to the card it can be used to pay for things wherever MasterCard is accepted, as well as to buy things online and to withdraw cash from ATMs.

The cards can also be used by parents with children aged 13, with an online statement enabling them to monitor their children’s spending, and by people travelling abroad.

The cards cost GBP 9.95 to take out, with additional cards charged at £4.95. Money can be loaded on to the cards free at the Post Office or online but there is a 2.75% charge for using PayPoint and a 2.5% charge if a credit card is used.

People can use the cards to send money abroad by purchasing an addition card and sending it to their family. They can then load their card with cash in the UK and their family can withdraw it from an ATM abroad, although they will incur a 3.5% fee.

Cardholders will receive a 10% discount on goods and services from other members of the Virgin group, such as Virgin Megastores, Virgin Holidays and Virgin Wines.

Jayne-Anne Gadhia, chief executive of Virgin Money, said: “Almost three million adults in the UK do not use banking facilities and are locked in the cash economy.

“This card will allow users to buy on the internet, on the high street, and save money on a range of Virgin products.”

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Royal Mail aims to deliver on its social responsibility

Posted by | Jul 4, 2007 | |

For Royal Mail Group, corporate social responsibility means doing the right thing for its people, its business and the communities in which it operates.

The group believes that the modern consumer wants to buy from a company that share his values; employees want to work for companies that provide a healthy and safe environment and whose values align to theirs, and communities want companies that contribute to the cohesion that builds neighbourhoods where people live and work.

The group’s success in a number of award schemes demonstrates its continued commitment to meeting the needs of its customers, staff and the communities in which they work.

In particular the group has recently been awarded the World Mail’s Corporate Social Responsibility Award 2006, Business in the Community’s UnumProvident Healthy Workplaces Award for Excellence, and 2006 Business in the Community’s Opportunity Now Award for gender diversity in the workplace.

The coming year will be one of many challenges as Royal Mail structures the business to compete more effectively. Its vision remains to be demonstrably the best and most trusted mail company in the world that consistently delivers excellent quality of service to customers.

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Tesco tries its hand at estate agency

Posted by | Jul 4, 2007 | |

The estate agency industry has been under threat of a shake up from the internet for a while now and things are looking bleaker for them as Tesco moves into the market. However, the supermarket may have difficulties with its offering since it wants to list property from estate agents as well as private sales.

Tesco’s new property sites lists private sales followed by property for sale through estate agents. In exchange for GBP 199 (a lot less that the percentage of sale value charged by estate agents) Tesco is offering sellers an advert with up to 20 images. This is linked to virtual earth images and local information such as OFSTED and local government sites. Also included in the price is a pdf of the property details, a for sale sign and an area for managing the sale and communicating with the buyer.

The Telegraph reports that Tesco has approached online sites advertising property for sale from estate agents and has not had much success with finding partners. Warren Bright, chief executive of Propertyfinder, said: “We were approached some months ago but we have chosen not to participate, as their proposition is not in the interests of the estate agent, who is our customer.”

The site currently lists fish4homes and SmartNewHomes as search partners.

However, another industry which should be looking at its charges is lawyers offering conveyancing. While online services are already undercutting the average prices charged by traditional firms, the weight and trust of Tesco’s name behind MyHomeMove (with which it’s partnered) could find more people trusting online legal practices.

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