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14/06/2002
Binning of Consignia sparks call for all-island service
SDLP spokesperson on Employment, John Dallat MLA, has said the announcement by Consignia to cut 17,000 jobs UK wide was further evidence for the need to create an all-island postal service.
Mr Dallat said the cutbacks and financial losses demonstrated that the postal service was being run down and the only answer was an all-island postal service, "properly funded and well-managed, to prevent the privatisation of postal services north and south on a Europe-wide basis".
Consignia revealed losses of £1.1bn for the latest financial year on Thursday June 13, which will mean a further 17,000 jobs are set to be shed over the next three years.
The company also said it plans to drop the name Consignia, and will revert back to the Royal Mail moniker.
This latest restructuring plan follows the 15,000 job cuts unveiled earlier this year. However, it remains unclear at present how Northern Ireland will be affected by this latest set of cuts.
In a further move the company also said would save itself £350m a year by scrapping the second post.
Consignia said that most of the £1.1 billion loss was due to exceptional costs from its restructuring programme. But it still managed to lose £318 million on its day-to-day operations - equivalent to a £1.2 million loss every trading day.
(MB)
Mr Dallat said the cutbacks and financial losses demonstrated that the postal service was being run down and the only answer was an all-island postal service, "properly funded and well-managed, to prevent the privatisation of postal services north and south on a Europe-wide basis".
Consignia revealed losses of £1.1bn for the latest financial year on Thursday June 13, which will mean a further 17,000 jobs are set to be shed over the next three years.
The company also said it plans to drop the name Consignia, and will revert back to the Royal Mail moniker.
This latest restructuring plan follows the 15,000 job cuts unveiled earlier this year. However, it remains unclear at present how Northern Ireland will be affected by this latest set of cuts.
In a further move the company also said would save itself £350m a year by scrapping the second post.
Consignia said that most of the £1.1 billion loss was due to exceptional costs from its restructuring programme. But it still managed to lose £318 million on its day-to-day operations - equivalent to a £1.2 million loss every trading day.
(MB)
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02 September 2013
Minister Warns Of Dangers Of Privatising The Postal Service
SDLP MP Margaret Ritchie MP has warned of the dangers of privatising the postal service and spoken in favour of retaining post offices in rural areas. Speaking ahead of a debate in the House of Commons today, which she will participate in.
Minister Warns Of Dangers Of Privatising The Postal Service
SDLP MP Margaret Ritchie MP has warned of the dangers of privatising the postal service and spoken in favour of retaining post offices in rural areas. Speaking ahead of a debate in the House of Commons today, which she will participate in.
28 March 2002
Postal union vows to resist depot closures
The postal workers union CWU have said the closure of three Parcelforce depots announced by Consignia, the company formerly known as the Post Office, at the start of this week is “unacceptable”.
Postal union vows to resist depot closures
The postal workers union CWU have said the closure of three Parcelforce depots announced by Consignia, the company formerly known as the Post Office, at the start of this week is “unacceptable”.
26 November 2001
Consignia’s pre-tax losses climb to £100 million
Consignia has announced a half-year operating loss of £100 million before tax and exceptional items. This compares to a loss of £20 million for the same period a year ago, and after accounting for exceptional items, the post-tax loss for the half-year is £281 million, compared with a £113 million loss for the previous half year.
Consignia’s pre-tax losses climb to £100 million
Consignia has announced a half-year operating loss of £100 million before tax and exceptional items. This compares to a loss of £20 million for the same period a year ago, and after accounting for exceptional items, the post-tax loss for the half-year is £281 million, compared with a £113 million loss for the previous half year.
27 May 2002
Consignia reported to be close to insolvency
Despite a radical restructuring plan, UK postal services operator Consignia is thought to be close to insolvency.
Consignia reported to be close to insolvency
Despite a radical restructuring plan, UK postal services operator Consignia is thought to be close to insolvency.
04 March 2002
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
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