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Post Office to offload insurance operations?

It looks like the more than 170 different products and services offered by Post Office will be lessened. Fenchurch Advisory Partners has reportedly been tapped to conduct a strategic review of the company’s insurance operations which span travel, protection, as well as home and motor. According to Sky News, Post …

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FTSE 250 movers: G4S surges on bid; Wetherspoons retreats

Shares of security services firm G4S surged after privately-owned Canadian rival GardaWorld announced a hostile 190p per share possible offer valuing the company at £2.96bn. The offer price is 30% premium to Friday’s closing share price and an 86% premium to the price prior to its first approach in June. …

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The rail franchise days look numbered

Transport secretary Grant Shapps is reportedly set to announce the end of rail franchises more than a generation after rail privatisation under the Railways Act in 1993. Franchises are set to be replaced by fixed-fee contracts from April next year, The Telegraph has reported. These ‘concession’ agreements would be similar …

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TUC Congress 2020 We need to run our own railway

WE ARE waiting, with some trepidation, for the publication of the much-delayed Williams rail review and an indication from the Department for Transport of what it has in mind for the future of our railway. There have been signals — Grant Shapps has been busy briefing his friends in the …

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Postman ‘scarred for life’ after being bitten by dog

A Staffordshire postman was “scarred for life” by an aggressive dog that bit his finger as he put letters through a letterbox. He is one of dozens of postal workers attacked by dogs on their rounds, according to union health and safety rep Andy Hickerman. The Communication Workers Union rep, …

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