Taxpayers look set to be handed a £7 billion bill for the Royal Mail’s future pensions, adding to the rising cost of public sector retirements. More: continued here
Read More »Royal Mail ‘should be partprivatised’ (Daily Telegraph)
Royal Mail is facing financial disaster and should effectively be partprivatised a study into its future is expected to find. More: continued here
Read More »MPs fear Mandelson is set to privatise Royal Mail as report reveals £7bn pension black hole (Daily Mail: World News)
Lord Mandelson is on a collision course with Labour MPs over the future of Royal Mail amid fears that he is preparing to partly privatise it. More: continued here
Read More »Handgun used in post office raid (BBC News)
Robbers armed with a handgun escape with cash after a raid at a post office in Cambridgeshire. More: continued here
Read More »Royal Mail faces call to change (BBC News)
A government-commissioned review of Royal Mail is expected to warn it faces financial disaster unless it is radically reorganised. More: continued here
Read More »Post office to reopen Monday – KHOU
Post office to reopen MondayKHOU, TX –1 hour agoGALVESTON — Postal officials announced Friday that the Galveston Main Post Office will resume operations from the Federal Building on Monday. … More: continued here
Read More »Post Office's Busiest Mailing, Delivery Days This Week – LocalNews8.com
Post Office's Busiest Mailing, Delivery Days This WeekLocalNews8.com, ID –2 minutes agoThe Postal Service believes that Monday will turn out to be the busiest mailing day of the year, with about 960 million cards and letters being processed. … More: continued here
Read More »Post office not immune to recession – EastBayRI.com
Post office not immune to recessionEastBayRI.com, RI –4 minutes agoBy Rob Merwin BRISTOL — Through sleet, snow, rain, and now, a recession, the staff at the Bristol post office keeps delivering, though mail volume is down, … More: continued here
Read More »Palm replaces CFO with eBay veteran – Reuters
Palm replaces CFO with eBay veteranReuters –4 minutes agoPrior to that he was chief accounting officer at eBay Inc (EBAY.O: Quote, Profile, Research, Stock Buzz). The management change is just the latest hurdle … More: continued here
Read More »Study urges overhaul of Royal Mail (Financial Times)
The decline in Royal Mail’s letters business is so steep that radical surgery will be needed to preserve the one-price-goes-everywhere postal service, ministers have been told. More: continued here
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