Head Of An Post To Discuss Future Of Company

The head of An Post is to appear before the Oireachtas Communications Committee to discuss the company's future.

An Post has seen a huge surge in people depositing money with the service due to the turmoil in the banking sector, and the committee wants to examine how the company may be affected by the current economic crisis.

Chief Executive Donal Connell has been asked to outline the company's plans for the future and discuss proposals to improve the quality and efficiency of the service throughout the country.

In the UK a battle has sparked over the possible part-privatisation of Royal Mail, which is threatening tens of thousands of jobs and ending centuries of exclusive crown ownership.

The proposal from Lord Mandelson has led to a UK Labour Party rebellion, with the former cabinet minister and Northern Ireland Secretary, Peter Hain, at the helm.

The Royal Mail is facing an £8 billion pension fund deficit, and falling revenues from the increase in the use of electronic mail services.


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