Tag: UK

Clydesdale Bank announces alliance with UK Post Office

Posted by | Sep 15, 2004 | |

Clydesdale Bank today announced an agreement to give customers access to banking services at Post Office® branches. From 1 October, Clydesdale Bank customers will be able to withdraw and deposit cash, check balances and deposit cheques at any of the 1799 Post Office® branches in Scotland and a further 13,857 around the rest of the UK at no extra charge. David Mills, Chief Executive Post Office Ltd said: “Post Office Ltd has established itself as a key provider of banking services through its extensive branch network, especially in rural areas, as 60 per cent of villages have a Post Office® branch but only 9 per cent have a bank branch.

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Postcomm consults on a long term licence for AMP

Posted by | Sep 15, 2004 | |

Postcomm today began a 30-day consultation on the proposed issue of a long term licence to Alternative Mail & Parcels Limited (AMP), to provide bulk mail, consolidated mail and tracked business-to-business mail services. AMP is a sister company of Datarun, which holds an interim licence, restricted to a pilot scheme of a minimum of 12 months’ duration. This will be revoked if a long term licence is granted to AMP. A long term licence has a minimum life of seven years.

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The Post Office: Six first-class and £10,000, please

Posted by | Sep 15, 2004 | |

The Post Office has diversified into personal loans. Will it pay off?

FOREIGN currency, travel insurance, tickets to Disneyland, car tax, television licences, mobile-phone top-ups–not forgetting the stamps–are some of the products that the Post Office will sell you these days. A new one has now joined them: personal loans, with motor insurance and a credit card to come.

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Kennedy puts veto on Lib Dem proposal to privatise UK Royal Mail

Posted by | Sep 14, 2004 | |

CHARLES KENNEDY has vetoed a proposal to privatise the Royal Mail before the launch of a Liberal Democrat manifesto today, renewing talk of a left-right split in the party.

Senior MPs in the party believed that the proposal, prepared by Malcolm Bruce, the Liberal Democrat trade and industry spokesman, was “too right- wing”.

In a dramatic vote, most of the front bench, led by Mr Kennedy, voted to scrap the sale, which was expected to be part of the manifesto. The move is said to have followed a heated debate among many MPs that the party was becoming too wedded to the idea of privatisation and the free market.

One senior MP said after the vote: “We were pretty unhappy about this sell-off idea and thought it would send the wrong message about the party. We voted it down. I don’t think Charles liked the proposal at all.”

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