Royal Mail has been dealt a fresh blow after regulator Ofcom said it would not impose new conditions on the firm's direct-delivery competitors. More: continued here
Read More »CompaniesOfcom blow sends Royal Mail to bottom of FTSE – Financial Times
CompaniesOfcom blow sends Royal Mail to bottom of FTSEFinancial TimesRoyal Mail's shares are the worst performers in the FTSE 100 index, after the UK communications regulator dismissed a call from the partly privatised postal service to protect it from competition. The shares have fallen 2.2 per cent to 409p, after …
Read More »Competition blow for Royal Mail
Royal Mail has been dealt a fresh blow after regulator Ofcom said it would not impose new conditions on the firm's direct-delivery competitors. More: continued here
Read More »Ofcom rejects Royal Mail’s competition concerns
Newly privatised postal service complained that rules for direct mail delivery impeded its own service and helped rivals Britain’s postal regulator Ofcom will not overhaul rules for direct mail delivery competition, dealing a blow to Royal Mail which has complained that rival offers will undermine its ability to deliver a …
Read More »Royal Mail’s Ofcom review sparks share price fall – BBC News
BBC News Royal Mail's Ofcom review sparks share price fallBBC NewsHowever, Ofcom said it would review the factors affecting Royal Mail's ability to deliver the universal service. Royal Mail had complained competitors were cherry picking profitable areas. Under postal market reforms, rivals can apply for a licence to …Royal Mail …
Read More »London Markets: FTSE 100 eyes first win in four as oil, miners rise; Royal Mail drops
U.K. stocks rise Tuesday, with gains for the embattled resources-sector leading the FTSE 100 toward its first win in four sessions. More: continued here
Read More »Universal postal service not under threat, regulator tells Royal Mail
Ofcom today decided not to force Royal Mail’s competitors to take part in the USO and added that at present competition was likely to provide Royal Mail with a further incentive to become more efficient. More: continued here
Read More »Royal Mail under pressure after watchdog rejects delivery complaint
Royal Mail slumped to the foot of the FTSE 100 today as regulators shot down its claims that the six-day-a-week universal delivery service is under threat from fast-growing competition. More: continued here
Read More »Royal Mail 'scaremongering' over rural deliveries rubbished by regulators
Ofcom said the postal firm's legal obligation to deliver letters anywhere in the country for the same price was not being undermined from rival online companies. More: continued here
Read More »CompaniesOfcom delivers competition blow to Royal Mail – Financial Times
CompaniesOfcom delivers competition blow to Royal MailFinancial TimesRoyal Mail has received an unwelcome delivery from the UK's media regulator, which has failed to react to calls from the recently privatised postal service to protect it from competition in its marketplace. Royal Mail has been urging Ofcom to protect … More: …
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