Posting a profit!
As an ex-Royal Mail employee its good to see the business turning a profit once again. It worries me that while I was there the company changed its name to Consignia and racked up massive losses, yet know it seems to be getting back on a more sound financial footing.
http://news.bbc.co.uk/1/hi/business/4553933.stm
What is perhaps more worring is the Post Office side of the business (the bit that runs the post office branches) has yet again posted a huge loss, which could lead to the possible closure of yet thousands of more rural and urban post offices. The Government have never got to grips with what they want the Post office to be - a commercial organisation, or a social service. Perhaps the man at the DTI - ex postman, Alan Johnson MP is best place to deliver on this one!
http://news.bbc.co.uk/1/hi/business/4553933.stm
What is perhaps more worring is the Post Office side of the business (the bit that runs the post office branches) has yet again posted a huge loss, which could lead to the possible closure of yet thousands of more rural and urban post offices. The Government have never got to grips with what they want the Post office to be - a commercial organisation, or a social service. Perhaps the man at the DTI - ex postman, Alan Johnson MP is best place to deliver on this one!
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