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Author: Richard Hooper
Publisher: The Stationery Office
ISBN: 9780101793728
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
The Coalition Government asked Richard Hooper to update the 2008 report "Modernise or decline: policies to maintain the universal postal service in the United Kingdom" (Cm. 7529, 2008, ISBN 9780101752923). He finds the universal postal service still under serious threat, with most of the original causes for concern having got worse: the market and Royal Mail's market share continue to decline; the company has still not modernised sufficiently; the accounting pension deficit has grown from £2.9bn to £8.0bn; the current regulatory regime is not fit for purpose. The 2008 recommendation that private sector capital is required by Royal Mail is reiterated, for several reasons. The company is unlikely to generate sufficient cash to finance the modernisation required. Private sector capital will inject private sector disciplines and reduce the risk of political intervention in commercial decisions. And the state of the public finances means that Royal Mail will find it harder to compete for Government capital against other public spending priorities. But private capital will not be attracted without action on the pension deficit and the regulatory regime. The historic pension deficit should be taken over by the public purse. A new regulatory framework must be created that increases certainly for investors in the postal services sector in general and in Royal Mail in particular. Postcomm has recently consulted on a new framework, and this should be built upon. This update sets out the high level principles that should guide regulation, ensuring the overall burden is reduced.
Author: Richard Hooper
Publisher: The Stationery Office
ISBN: 9780101793728
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
The Coalition Government asked Richard Hooper to update the 2008 report "Modernise or decline: policies to maintain the universal postal service in the United Kingdom" (Cm. 7529, 2008, ISBN 9780101752923). He finds the universal postal service still under serious threat, with most of the original causes for concern having got worse: the market and Royal Mail's market share continue to decline; the company has still not modernised sufficiently; the accounting pension deficit has grown from £2.9bn to £8.0bn; the current regulatory regime is not fit for purpose. The 2008 recommendation that private sector capital is required by Royal Mail is reiterated, for several reasons. The company is unlikely to generate sufficient cash to finance the modernisation required. Private sector capital will inject private sector disciplines and reduce the risk of political intervention in commercial decisions. And the state of the public finances means that Royal Mail will find it harder to compete for Government capital against other public spending priorities. But private capital will not be attracted without action on the pension deficit and the regulatory regime. The historic pension deficit should be taken over by the public purse. A new regulatory framework must be created that increases certainly for investors in the postal services sector in general and in Royal Mail in particular. Postcomm has recently consulted on a new framework, and this should be built upon. This update sets out the high level principles that should guide regulation, ensuring the overall burden is reduced.
Author: Duncan Campbell-Smith
Publisher: Penguin UK
ISBN: 0141973226
Category : History
Languages : en
Pages : 840
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Book Description
The origins of the Post Office go back to the early years of the Tudor monarchy: Brian Tuke, a former King's Bailiff in Sandwich, was acknowledged as the first 'Master of the Posts' by Cardinal Wolsey in 1512, and went on to build up a network of 'postmasters' across England for Henry VIII. Over the following five hundred years the Royal Mail expanded to an unimaginable degree to become the largest employer in the country, and the face of the British state for most people in their everyday lives. But it also faced the demands of an increasingly commercial marketplace. With the election of Margaret Thatcher in 1979, the possibility of privatising the Royal Mail has prompted passionate arguments - and has added immeasurably to the difficulties of running it. In charting the whole of this extraordinary story, Duncan Campbell-Smith recounts a series of remarkable tales, including how postal engineers built the first programmable computer for the wartime code-breakers of Bletchley Park and how the Royal Mail managed to successfully continue delivering post to the front lines during two world wars, but also how they failed to avert the Great Train Robbery of 1963. He brings to life many of the dominant personalities in the Royal Mail's history - from Rowland Hill, who imposed a uniform penny post and set the great Victorian expansion on its way, to Tony Benn who championed the modernisation of the service in the 1960s and Tom Jackson who led the postal workers' biggest union through fifteen frequently stormy years up to 1982. This is the first complete history of the Royal Mail up to the present day, based on its comprehensive archives, and including the first detailed account of the past half-century of Britain's postal history, made possible by privileged access to confidential records. Today's debate over the future of the Royal Mail is shown to be just the ;atest chapter in a centuries-old conflict between its roles raising revenue and serving the public. Will its employees remain, like Brian Tuke's postmasters, servants of the Crown? This book could hardly appear at a more timely moment.
Author: Great Britain: Parliament: House of Commons: Trade and Industry Committee
Publisher: The Stationery Office
ISBN: 0215026713
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
The Postal Services Commission (Postcomm), the national regulatory authority, began to introduce competition to the UK postal services market in 2003, with new licensed operators able to provide 'end-to-end' services and offer 'consolidation services', and Postcomm is to end Royal Mail's monopoly by fully liberalising the market from January 2006. The Committee's report examines the impact of liberalisation of the postal service market on the quality of postal services; the thinking behind Postcomm's decision to open up the UK market before the rest of Europe; how Postcomm's proposals for the future of postage prices in the UK would impact on the ability of Royal Mail to compete in the open market; and the continuance of Royal Mail's universal service obligation.
Author: R.C. Tombs
Publisher: BoD – Books on Demand
ISBN: 3732632938
Category : Fiction
Languages : en
Pages : 170
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Book Description
Reproduction of the original: The Bristol Royal Mail by R.C. Tombs
Author: William H. Miller
Publisher: Amberley Publishing Limited
ISBN: 1445661284
Category : Transportation
Languages : en
Pages : 172
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Book Description
Explores the story behind some of the great liners of the twentieth century.
Author: Carroll Davidson Wright
Publisher:
ISBN:
Category : Encyclopedias and dictionaries
Languages : en
Pages : 1162
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Book Description
Includes music.
Author:
Publisher:
ISBN:
Category : Encyclopedias and dictionaries
Languages : en
Pages : 862
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Book Description
Author: Robert Charles Tombs
Publisher: Good Press
ISBN:
Category : Fiction
Languages : en
Pages : 166
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Book Description
This incredible history of the Bristol Royal Mail presents interesting facts, figures, and incidents related to this subject. The writer talks about the initial development of mail services during the 16th century, the mail transport system in different eras, and more. A must-read for history students or those interested in the mail system of the earlier times.
Author: American Chamber of Commerce in France
Publisher:
ISBN:
Category : France
Languages : en
Pages : 702
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Book Description
Author:
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 668
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Book Description
