Eu's Gbp 150m Lifeline Will Save Rural Post Offices From Closure
The Scotsman › February 25, 2006
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Summary
THOUSANDS of rural post offices were saved from closure yesterday when European regulators approved GBP 150 million a year in government aid for the Royal Mail's retail arm.
Post Office Ltd (POL) will now be granted the money to fund country branches, which include more than 1,000 in Scotland, for the next two years.See the full content of this document
Extract
Eu's Gbp 150m Lifeline Will Save Rural Post Offices From Closure
The decision by the European Commission will come as a huge relief to rural communities after Adam Crozier, chief executive of the Royal Mail warned that mor...
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