Royal Mail

Regulator Ofcom snubs Royal Mail's competition concernsDaily MailLONDON, Dec 2 (Reuters) – Royal Mail's hopes of being shielded from a new rival were dashed on Tuesday when Britain's postal regulator Ofcom said it would not overhaul rules for direct mail delivery. Royal Mail, required by law to deliver Britain's … …

Royal Mail shares fall as Ofcom rejects claimsFinancial TimesDespite lobbying by Royal Mail, which had pressed for a review, Ofcom demolished the recently privatised operator's claims that its obligation to provide a six-day-a-week delivery service to all parts of the country was financially unsustainable … More: continued here

Evening Standard Chris Blackhurst: Ofcom walks the line between politics and Royal Mail's…Evening StandardIn truth, by releasing the Royal Mail from government ownership into the commercial world it was probable the requirement would prove to be a sore — a company charged with making ever-bigger profits for new, hard-headed investors …

Competition blow for Royal MailHerald ScotlandLast week Royal Mail chief executive Moya Greene told MPs that its universal service obligation (USO) costs it £7.2 billion and is being threatened by rivals "cherry-picking" lucrative urban routes and shunning loss-making rural areas. But Ofcom said … More: continued here

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 … …

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 …

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: …

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

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 …

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 …