The European Commission (EC) believes “substantial remedies are needed” before the proposed takeover of TNT Express by UPS can be cleared. In a merger review speech made on Friday (2 November), Joaquín Almunia, EC vice-president responsible for competition, said that “serious competition concerns would arise” if it went ahead without revisions. Last month the EC revealed that approval would only come if the resulting company would be challenged enough by other parcel firms. TNT Express and UPS have since received […]
TNT Express has restructured its UK and Ireland international division sales force as part of a wider strategy to boost turnover and improve customer service.
Treasury officials have indicated it will probably take seven to nine months for the European Commission to make its decision about an extension of the UK’s rural fuel duty rebate scheme.
A new book telling the inside story of how TNT UK worked with newspaper publisher Rupert Murdoch to break the union stranglehold on Fleet Street has already been reprinted.