Sponsored by
Peterborough's MP expresses concern for future of city's mail sorting office
THE city's MP has expressed his concern for the stability of jobs at the Peterborough Mail Sorting Office.
THE city's MP has expressed his concern for the stability of jobs at the Peterborough Mail Sorting Office.Although he welcomes new national proposals for improving the regulation of the postal market and the possibility of raising private capital to fund improvements in services, Stewart Jackson is concerned the possibility of large-scale cost-cutting by a private organisation may well put dozens of jobs at risk at the Werrington sorting office.
Unions are warning of 40,000 to 50,000 job losses nationwide.
Furthermore, Mr Jackson, who paid a visit to the centre last month, is concerned that the Government’s intention to use 22billion of assets from the company’s pension fund, enhancing their own balance sheet in the short term, will incur a massive, almost open-ended commitment that the taxpayer will meet all pension costs in the future.
Mr Jackson said: “There are clearly a number of valid observations made by Richard Hooper in his report on the future viability of Royal Mail. I welcome many of the report’s recommendations.
“However, Royal Mail is a very significant employer in the city and the possibility of job losses at Papyrus Road is uppermost in my mind.
“I shall be monitoring this situation carefully as it develops.”
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Peterborough
Saturday 26 May 2012
Today
Sunny
Temperature: 11 C to 23 C
Wind Speed: 18 mph
Wind direction: East
Tomorrow
Sunny
Temperature: 11 C to 23 C
Wind Speed: 16 mph
Wind direction: East
Your view
Please sign in to be able to comment on this story.