The Royal Mail has submitted a report to Ofcom saying that TNT Post’s delivery plans could cost it £200 a year in lost revenue. More: continued here
Read More »Royal Mail calls for Ofcom review – SNP (press release)
Royal Mail calls for Ofcom reviewSNP (press release)“As predicted the service is coming under threat because competitors are cherry picking easy, profitable urban and business mail services and are expanding rapidly in such areas. This undermines the ability of Royal Mail, the only company obliged to do … More: continued …
Read More »Royal Mail calls for protection from TNT Post threat – Motor Transport (blog)
Royal Mail calls for protection from TNT Post threatMotor Transport (blog)Royal Mail has called for its regulator to protect it from last mile delivery competitors such as TNT Post, claiming that TNT's expansion plans could cut £200m from its annual turnover. In a report to Ofcom, which is also currently …
Read More »Royal Mail: TNT Post UK Plans Threaten Universal Postal Service – International Business Times UK
International Business Times UK Royal Mail: TNT Post UK Plans Threaten Universal Postal ServiceInternational Business Times UKIn January, Royal Mail said it would offer a discount on Access contracts of 0.25p per item for customers who provide monthly forecasts of mail volumes that allow the firm to better prepare itself …
Read More »Royal Mail: TNT Post UK Plans Threaten Universal Postal Service
Royal Mail is claiming that delivery plans by its rival TNT Post UK will reduce its revenue by £200m and threaten the viability of the universal postal service. It made the claim in a submission to Ofcom as part of a request that the industry's regulator open immediately a review …
Read More »Royal Mail tried to evict squatters in former Croydon delivery office before … – Croydon Advertiser
Croydon Advertiser Royal Mail tried to evict squatters in former Croydon delivery office before …Croydon AdvertiserROYAL Mail tried to evict squatters who occupied its former delivery office in East Croydon in the week before Saturday's illegal rave. Royal Mail informed the police when squatters took over the building, which closed …
Read More »Britain's Royal Mail warns regulator of threat from competition
Britain's Royal Mail (RMG.L) has submitted a report to regulator Ofcom over the threat to the country's postal service it said was posed by competitor TNT Post. Royal Mail, formerly state-owned before it was privatised last year, is required by law to deliver letters six days a week to the …
Read More »Royal Mail warns on impact of TNT plans
British postal provider Royal Mail said it had submitted formal evidence to regulator Ofcom over the threat to the postal service posted by its competitor TNT Post. The newly privatised company said the … More: continued here
Read More »Royal Mail PLC Now Covered by Analysts at Jefferies Group (RMG) – Mideast Time
Royal Mail PLC Now Covered by Analysts at Jefferies Group (RMG)Mideast TimeRoyal Mail PLC logo Equities researchers at Jefferies Group started coverage on shares of Royal Mail PLC (LON:RMG) in a research report issued on Wednesday. The firm set an “underperform” rating and a GBX 420 ($7.13) price target on …
Read More »Britain’s Royal Mail warns regulator of threat from competition – Reuters UK
Reuters UK Britain's Royal Mail warns regulator of threat from competitionReuters UKRoyal Mail, formerly state-owned before it was privatised last year, is required by law to deliver letters six days a week to the whole of the country under its so-called universal service obligation. However it warns its financial ability …
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