Liberal Democrats in Business
News and views from the Lib Dem Treasury, Trade and Industry Teams and the Liberal Democrat Business Forum
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Liberal Democrats in Business News and views from the Lib Dem Treasury, Trade and Industry Teams and the Liberal Democrat Business Forum |
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| Savour Words - National Poetry Day | <info@libdemsinbusiness.org.uk> |
Royal Mail Profits: Little Comfort To Those Who Wait In Vain For The Post12.36.00pm BST (GMT +0100) Thu 27th May 2004 Commenting on today's announcement from Royal Mail about profits of £220 million in 2003-04, Malcolm Bruce MP, Liberal Democrat Shadow DTI Secretary, said: "The Royal Mail's profits are way below historic figures and seem to be built on the back of significant cost cutting. "It's all well and good that Royal Mail is, for the moment, back in the black but what the public are really concerned about is the standard of service. "The failure to hit delivery targets shows that Royal Mail is failing its customers. "Trumpeting an upturn in its fortunes will be offensive to small business owners waiting to receive cheques through the post. "If Royal Mail is not allowed to make the necessary investments, and does not improve labour relations, its service will not improve. "Royal Mail could find its core business stolen from under its nose by German and Dutch competitors."
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[ Related News Stories:Thu 4th Oct 2007: [Level Playing Field Needed To Save Royal Mail - Öpik] Mon 13th Aug 2007: [Royal Mail delivery changes will hit business - Opik] Mon 21st Feb 2005: [Royal Mail Must Improve Performance to Compete] Thu 18th Nov 2004: [Royal Mail Must Now Meet Targets - Bruce] Mon 1st Nov 2004: [Royal Mail Must Set Out Criteria For Post Office Closure Decisions] Fri 30th Apr 2004: [Royal Mail Needs Comprehensive Investigation] [Royal Mail Must Get Their Act Together] Tue 27th Apr 2004: [Royal Mail Must Consult Businesses On Proposed Changes] Mon 15th Mar 2004: [Negotiation Muse Be Way Forward For Royal Mail] Tue 10th Feb 2004: Thu 13th Nov 2003: [Royal Mail Still Has To Prove It Can Deliver] Fri 31st Oct 2003: [Royal Mail Strike: Hewitt Must Protect National Postal System] Thu 30th Oct 2003: Published and promoted by Liberal Democrats in Business, 4 Cowley Street, London SW1P 3NB. The views expressed are those of the party, not of the service provider. |
