Profit-sharing proposal for postmasters | Business - The Times

Profit-sharing proposal for postmasters | Business - The Times


Profit-sharing proposal for postmasters | Business - The Times

Posted: 11 Apr 2021 04:01 PM PDT

Thousands of postmasters in Britain would be given a financial stake in the Post Office under plans drawn up by its chief executive.

Nick Read, who has run the Post Office since 2019, told senior colleagues last week that the government should consider proposals to turn the retail network into a profit-sharing business.

"I intend to work with government on the various means by which we could deliver on a longer-term aspiration to facilitate profit-sharing between Post Office Limited and postmasters when circumstances permit," Read, 55, said in a speech first reported by Sky News. "As we become commercially sustainable and no longer reliant on government subsidy, looking for new ways to ensure postmasters share fairly in that success is the right thing to

Japan's Toshiba Studies Acquisition Proposal by Global Fund - U.S. News & World Report

Posted: 06 Apr 2021 09:07 PM PDT

[unable to retrieve full-text content]Japan's Toshiba Studies Acquisition Proposal by Global Fund  U.S. News & World Report

Comments

Popular posts from this blog

10 Best New Age Business Ideas - CT Post

COVID-19: New business ideas emerge as people work from home - The Jakarta Post - Jakarta Post

$10,000 up for grabs during annual Citadel competition for business ideas - ABC NEWS 4