Saving The Royal Mail S Universal Postal Service In The Digital Age
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Saving The Royal Mail S Universal Postal Service In The Digital Age
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Author : Richard Hooper
language : en
Publisher: The Stationery Office
Release Date : 2010-09-10
Saving The Royal Mail S Universal Postal Service In The Digital Age written by Richard Hooper and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-10 with Business & Economics categories.
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.
Delivering For The Future
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Author : Great Britain: Department for Business, Innovation and Skills
language : en
Publisher: The Stationery Office
Release Date : 2010-10-13
Delivering For The Future written by Great Britain: Department for Business, Innovation and Skills and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10-13 with Business & Economics categories.
This paper outlines the Government's proposals that aim to safeguard the universal postal service and secure sustainable futures for the Royal Mail and the Post Office. It follows on from two reports by Richard Hooper ("Modernise or decline ... ", Cm. 7529, 2008, ISBN 9780101752923 and "Saving the Royal Mail's universal postal service in the digital age", Cm. 7937, 2010, ISBN 9780101793728). The associated Postal Services Bill (Bill 78, ISBN 9780215546357) will allow private sector investment in Royal Mail to bring in commercial disciplines and the potential for new capital. The Government will sell shares in Royal Mail to achieve this investment. An employee share scheme will also be established which will hold at least 10 per cent of the equity in Royal Mail. The historic pension deficit of some £8.4 billion will be transferred to Government and a new public sector pension scheme created. The Government also makes clear that the Post Office is not for sale, but the Bill allows for the possibility of mutual ownership in the future. Finally, the regulation of the postal services sector is to be modernised. The responsibility for the mail sector will transfer from Postcomm to Ofcom, with a primary responsibility to act in a way that will secure the future of the universal postal service. Extra safeguards for the universal postal service are put in place by the Bill.
Masters Of The Post
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Author : Duncan Campbell-Smith
language : en
Publisher: Penguin UK
Release Date : 2011-11-03
Masters Of The Post written by Duncan Campbell-Smith and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-03 with History categories.
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.
The Value Of Everything
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Author : Mariana Mazzucato
language : en
Publisher: Penguin UK
Release Date : 2018-04-26
The Value Of Everything written by Mariana Mazzucato and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-26 with Business & Economics categories.
Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.
Multi Modal Competition And The Future Of Mail
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Author : Michael A. Crew
language : en
Publisher: Edward Elgar Publishing
Release Date : 2012
Multi Modal Competition And The Future Of Mail written by Michael A. Crew and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
This compilation of original papers selected from the 19th Conference on Postal and Delivery Economics and authored by an international cast of economists, lawyers, regulators and industry practitioners addresses perhaps the major problem that has ever faced the postal sector – electronic competition from information and communication technologies (ICT). This has increased significantly over the last few years with a consequent serious drop in mail volume. All postal services have been hard hit by ICT, but probably the hardest hit is the United States Postal Service, which has lost almost a quarter of its mail volume since 2007. The loss of mail volume has a devastating effect on scale economies, which now work against post offices, forcing up their unit costs. Strategies to stem the loss in volume include non-linear pricing or volume discounts, increased efficiency and the development of new products. This loss of mail volume from ICT is one of a number of current problems addressed in this volume. The Universal Service Obligation (USO) continues to be a leading issue and concern that ICT undermines postal services' ability to finance the USO is discussed. The importance of measuring and forecasting demand and costs take on even greater importance as ICT undermines the foundations of the postal business. This thought provoking book brings to bear new analyses of the most serious threat post offices have ever faced and raises fundamental questions as to the future of mail. Multi-Modal Competition and the Future of Mail is an ideal resource for students, researchers in regulation and competition law, postal administrations, policy makers, consulting firms and regulatory bodies.
The Future Of The Universal Postal Service In The Uk
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Author : Great Britain. Dept. for Business, Enterprise and Regulatory Reform
language : en
Publisher: The Stationery Office
Release Date : 2009
The Future Of The Universal Postal Service In The Uk written by Great Britain. Dept. for Business, Enterprise and Regulatory Reform and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
This document builds on the review led by Richard Hooper, "Modernise or decline: policies to maintain the universal postal service in the United Kingdom" (Dec. 2008, http://www.berr.gov.uk/files/file49389.pdf). The Hooper review found deficiencies and problems with: performance (40 per cent less efficient than European counterparts); the pension deficit (one of the largest in Britain); pricing (increases would not generate enough revenue to offset falling volumes); industrial relations (60 per cent of days lost through industrial action in 2007 in the whole economy were accounted for by Royal Mail); and the relationship with the regulator, Postcomm (difficult). The Government proposes: a new regulatory framework, including transferring responsibility for regulation from Postcomm to Ofcom; tackling the pension deficit; inviting other postal or network operators to come forward with proposals to develop strategic partnerships with Royal Mail (but such arrangements would exclude Post Office Ltd, responsible for the network of post offices). The Postal Services Bill (HL), HL Bill 24, ISBN 9780108454530) published alongside this document sets out the proposals, placing the universal service as the overriding objective of the regulatory system. The Government will continue to provide for financial support for the universal service. Royal Mail will remain in the public sector. The Government is committed to maintaining a network of around 11,500 post offices. Post Office Ltd will become a sister company of Royal Mail Group Ltd with equal status to the letters business within the Royal Mail group of companies.
Postal Services In Scotland
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Author : Great Britain: Parliament: House of Commons: Scottish Affairs Committee
language : en
Publisher: The Stationery Office
Release Date : 2011-01-09
Postal Services In Scotland written by Great Britain: Parliament: House of Commons: Scottish Affairs Committee and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-09 with Business & Economics categories.
The Committee's report considers two key issues: the maintenance of a universal service and the continuation of a sustainable Post Office network across Scotland. The report welcomes assurances that Scotland would not be made exempt from the universal service obligation. Further clarification is needed on Ofcom's power to designate more than one universal service provider. Ofcom should be required to consult with consumers, small businesses and vulnerable users in remote, rural and island communities in Scotland before it recommends any changes to the existing USO. There are considerable advantages to a long, stable and robust relationship between Royal Mail Group and Post Office Ltd and the Committee recommends that a ten year Inter Business Agreement should be reached prior to any sale of Royal Mail. On the Post Office network, the Bill makes no provision for the number of Post Offices and does not set out criteria for access to the network, a matter of concern because the current criteria could be met by 7,500 branches rather than the existing 11,500 branches. This could lead to many closures in Scotland. The Committee recommends that the Government gives assurances to preserving the existing network of branches. Elements of Outreach Post Offices, which replaced 102 Post Office branches in rural and remote parts of Scotland, are not sufficiently robust or reliable to provide an adequate service, according to the Committee, and it fears the new Post Office Local risks downgrading the service further. Improvements should be delivered as a matter of urgency.
Modernise Or Decline
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Author : Richard Hooper
language : en
Publisher: The Stationery Office
Release Date : 2008
Modernise Or Decline written by Richard Hooper and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
This review (Cm. 7529, ISBN 9780102958393) was established to maintain the universal postal service, that is the collection, sorting, transportation and delivery of letters to all 28 million businesses and residential addresses. It sets out a number of conclusions and recommendations on how the universal service can be maintained. The postal service is seen as having a strong social and economic rationale. Customers place a high value on the affordability of the service, on a uniform tariff, and deliveries on six days per week. The Review states that the post offices provide a vital point of access for residential consumers and small businesses. The universal service is under threat though, with the explosion of digital media - the internet, email, mobile text and broadcasting - which has prompted an unprecedented decline in the letters market. The Review does see a positive future for the postal service, provided that postal companies are able to respond quickly to the changing needs of customers and embrace the opportunities which new technology brings. Although the Royal Mail is the only company currently capable of providing the universal service in the UK, it is much less efficient than many of its European peers and faces severe difficulties. Therefore a radical reform of the Royal Mail's network is inevitable, and the organisation needs to modernise faster. To sustain the universal service, the Royal Mail needs to tackle inefficiency, the pension deficit, and the difficult relationships between the company, unions and regulator. The Review sees two distinct phases to modernisation: (i) Transformation: that is, changing the culture of the organisation, by improving efficiency and reducing costs; (ii) Diversify: that is, finding new sources of revenue either by providing related products or expanding to cover a wider geographical area. The Review believes that the Royal Mail urgently needs commercial confidence, capital and corporate experience to modernise quickly and effectively, and recommends a strategic partnership with one or more private sector companies with demonstrable experience of transforming a major business, ideally a major network business, but that Post Office Ltd should remain wholly within public sector ownership.
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Author : 瑪里亞娜．馬祖卡托
language : zh-CN
Publisher: 時報文化出版
Release Date : 2020-12-25
written by 瑪里亞娜．馬祖卡托 and has been published by 時報文化出版 this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-25 with Business & Economics categories.
是誰在創造財富？ 我們如何決定財富創造者的價值？ 當今經濟與金融危機正埋藏於眾目睽睽之下?? ．榮獲2019年「斯戴爾夫人獎」（MADAME DE STAËL PRIZE）、2018年「李昂鐵夫經濟學獎」（LEONTIEF PRIZE）、2020年「馮．諾依曼獎」（John von Neumann Award）。 ．入圍2018年《金融時報》（Financial Times）、《麥肯錫》（Mckinsey）商業類年度好書。 「那些野蠻的黃金大亨──找到金礦的不是他們、挖掘金礦的不是他們、加工金礦的也不是他們，但不知道是出於哪種莫名其妙的煉金術，所有的黃金都屬於他們。」 ──「大」比爾．海伍德（Big Bill Haywood） 美國第一個製造業工會創辦人，一九二九年 製造商品的人是獲得最大利益的人嗎？獲得最多利益者就是貢獻最多心力的人？現代資本主義中，價值萃取比價值創造能得到更高的報酬。而獲得最多財富的人，通常不具生產力；具備生產力者通常都支領低薪，造成社會貧富差距日益擴大。 本書透過案例分析──從矽谷的Apple、Google等，到金融業，再到大型藥廠──展現一旦失去辨別價值創造與價值萃取的能力，等於開了方便之門給特定人士，肆無忌憚地僭稱價值創造者之名，然後行價值萃取之實，加劇社會與財富的不平等。 2008年的金融風暴反應了現今資本主義隱藏的問題，為了避免下一次的經濟與金融危機，並促進長期的經濟成長，我們急需理解價值創造的來龍去脈與生活息息相關，以此重新定義資本主義、重新認識公共政策的作用與政府部門的重要性，並重新思考我們真正想要生活在什麼樣的世界。 ?各界專家．重量級推薦? 吳惠林（財團法人中華經濟研究院研究員） 李顯峰（台灣大學經濟學系副教授） 沈榮欽（加拿大約克大學管理學系副教授） 胡采蘋（財經專家） 萬毓澤（中山大學社會學系教授） 顏擇雅（作家） 〔國際媒體專家學者一致推薦〕 「瑪里亞娜．馬祖卡托直言不諱表達自己的觀點。」 ──約翰．桑希爾，《金融時報》 「別惹怒世界上最可怕的經濟學家，瑪里亞娜．馬祖卡托。」 ──《時代》雜誌 「瑪里亞娜．馬祖卡托的思想為一場日益激烈的政治辯論提供了燃料，這場辯論的主題是：私部門可以獲得國家財富的哪一部分？」 ──拉娜．福羅奧，《時代》雜誌 「瑪里亞娜．馬祖卡托是當代最傑出的經濟學家之一。」 ──克里斯蒂安．克恩
Politics Of Postal Transformation
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Author : Robert M. Campbell
language : en
Publisher: McGill-Queen's Press - MQUP
Release Date : 2002-03-27
Politics Of Postal Transformation written by Robert M. Campbell and has been published by McGill-Queen's Press - MQUP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03-27 with Language Arts & Disciplines categories.
The postal sector is a multi-billion dollar set of activities that touches billions of lives daily and continues to be one of the world's largest employers. Until recently all Posts were monopolies owned by governments in order to maintain a universal postal service. However, in response to technological and international competition as well as public disenchantment with postal subsidies and inefficiencies, governments have embraced a range of new strategies. In The Politics of Postal Transformation Robert Campbell investigates and analyses the most important policy innovations in recent years as countries struggle to create a postal regime that matches domestic political expectations with international and technological realities. Through extensive interviews with numerous key government, regulatory, postal, and union officials in North America, Europe, and Australasia, he identifies four models or strategies, each reflecting particular national characteristics and ambitions: from privatization (Netherlands, Germany) and deregulation (Finland, Sweden, New Zealand) to increased national support (France) and mixed strategies (UK, Australia). Campbell's comparative analysis provides a backdrop for a set of recommendations for policy-makers and lays the foundation for informed speculation about future international postal developments and the possible domination of the system by a select group of postal behemoths.