Amazon Is Killing The Royal Mail— And The Government Is Doing Nothing …Business InsiderHaving carefully assessed this evidence, including the confidential business plans of Royal Mail and its largest competitor Whistl, Ofcom does not believe the universal service is currently under threat from competition in the 'direct delivery' market … …
Read More »Union calls for Ofcom probe over Royal Mail decision – BBC News
BBC News Union calls for Ofcom probe over Royal Mail decisionBBC NewsThe Communication Workers Union has called for a judicial review of postal regulator Ofcom after it said it would not change rules obliging Royal Mail to deliver across the UK for one price. The regulator said it saw no …
Read More »Ofcom tells Royal Mail to get on with it – Interactive Investor
Ofcom tells Royal Mail to get on with itInteractive InvestorRoyal Mail Group (RMG) shares fell almost 4% at one stage Tuesday after the industry regulator decided not to impose new regulatory conditions on the postal firm's direct-delivery competitors. Ofcom does not think the universal postal service is under … More: …
Read More »Despite Ofcom shake-up Shorecap says buy Royal Mail
Shore Capital is advising investors to keep buying shares in Royal Mail despite plans by the UK communications regulator to change the rules governing the prices which the former state-owned group is allowed … More: continued here
Read More »Royal Mail under pressure after Ofcom rejects delivery complaint – Evening Standard
Evening Standard Royal Mail under pressure after Ofcom rejects delivery complaintEvening StandardRoyal Mail chief executive Moya Greene contends this means Whistl saves money by ignoring remote homes on loss-making routes, putting her company's ability to finance the universal service in the long term at threat. Royal Mail wants Whistl and …
Read More »FTSE 100 snaps losing streak as oil, miners rise; Royal Mail drops – MarketWatch
MarketWatch FTSE 100 snaps losing streak as oil, miners rise; Royal Mail dropsMarketWatchBut shares of Royal Mail PLC RMG, -3.01% fell 2.5% after regulator Ofcom said it won't impose new conditions on Royal Mail's direct-delivery competitors as the “universal postal service is not currently under threat.” Sterling: Last month, the …
Read More »Ofcom finds rivals pose no threat to Royal Mail – The Times (subscription)
The Times (subscription) Ofcom finds rivals pose no threat to Royal MailThe Times (subscription)Royal Mail has been dealt a blow after Ofcom concluded that the universal postal service is “not currently under threat”. Royal Mail had demanded an investigation by Ofcom, accusing TNT Post (now known as Whistl) of cherry-picking …
Read More »Royal Mail Falls as Ofcom Leaves Post NL Service Unregulated – Bloomberg
Royal Mail Falls as Ofcom Leaves Post NL Service UnregulatedBloombergRoyal Mail Plc shares fells as much as 3.8 percent after the U.K. communications-industry regulator Ofcom said there's no need to tighten rules governing rivals led by Whistl, formerly known as TNT Post UK. Competition in the end-to-end delivery market … …
Read More »Universal postal service is not under threat by competition, Royal Mail told … – This is Money
This is Money Universal postal service is not under threat by competition, Royal Mail told …This is MoneyRoyal Mail last week complained that competitors Whistl and UK Mail were free to pick and choose the most profitable markets while it was struggling under high costs to maintain its obligation to …
Read More »The last mile for Royal Mail? Amazon deal could be make or break for UK post … – The Loadstar
NDTV The last mile for Royal Mail? Amazon deal could be make or break for UK post …The Loadstar“I do know when to throw in the towel. There is no sense in going at it like a dog with a bone,” Moya Greene, the CEO of Royal Mail, told The …
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