Tag: UK

London loses a third of its post offices in 3 years

Posted by | Apr 19, 2006 | |

Almost a third of London’s post offices have closed in the past three years, figures show today. There were more than 1,200 in the financial year 20012 but three years later there were only 867 – a loss 28 per cent. Today, campaigners said local communities were being hit hard by the loss of their local services and called on the Government to intervene. Lynne Featherstone MP, London spokeswoman for the Liberal Democrats, said: “The future for London post offices looks gloomy. It is time the Government realises the seriousness of this problem. It needs to come up with concrete plans to provide for the long-term future of Royal Mail.”

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UK Royal Mail gears up for massive standard life postal vote

Posted by | Apr 18, 2006 | |

Royal Mail will today launch one of the biggest mail operations it has undertaken for a private company when it begins delivering 3.77 million documents and ballot papers to Standard Life members and policy-holders throughout the UK. The Edinburgh-based financial services giant selected Royal Mail, ahead of competition from other postal operators, to carry out the historic mailing of the documents which will allow members to vote on the company’s demutualisation proposals. The operation involves 3.77 million documents, weighing 300 grams each. This amounts to 1,131 tonnes of mail and to move it requires 3,000 mail cages and over 70 articulated lorries from Royal Mail’s fleet.

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Campaign to save UK Post Office card account

Posted by | Apr 17, 2006 | |

A campaign is being started this week to try to persuade the government to reverse its decision to end a crucial contract which could spell closure for thousands of Britain’s post offices. The National Federation of Sub-Postmasters is hoping public pressure will make the Department for Work and Pensions re-consider its decision to end the contract for the Post Office card account through which millions of people receive benefits and pensions. A petition by the federation says: “We believe that the post office network provides a vital service to local communities in both urban and rural areas, which are threatened by the government’s withdrawal of services from local post offices.”

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Germany's Deutsche Post eyes WH Smith's news spin-off

Posted by | Apr 16, 2006 | |

The newspaper distribution arm of WH Smith could face a takeover bid from Germany’s Deutsche Post after the retailer’s chief executive, Kate Swann, announced plans to demerge the business and float it on the stock market, though no timetable was given. WH Smith considered selling its news distribution arm in 2001, when it came close to selling it to a private equity buyer. Deutsche Post considered a bid at that time and City analysts believe it could quickly renew its interest in the business. Private equity firms have also been tipped as potential bidders for the news division. It is one of three newspaper distribution businesses nationally, along with Menzies and Dawson Holdings.

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