Home / Royal Mail / Ofcom hands Royal Mail price-setting powers

Ofcom hands Royal Mail price-setting powers

LONDON (Reuters) – Royal Mail will be able to set prices for most of the letters and parcels it delivers under a new seven year framework, industry regulator Ofcom said on Tuesday. Royal Mail, earmarked for privatisation, made a 41 million pounds ($65.34 million) operating loss on letters and parcels in the six months to September 25 as it fights against the rising use of email hitting its …

More: continued here

About admin

Check Also

Royal Family LIVE: Prince Harry and Meghan made nauseating’ move | Royal | News

Prince Harry and Meghan Markle will likely celebrate Valentine’s Day today in Montecito, California; however …

Leave a Reply

Your email address will not be published. Required fields are marked *