New blow for Royal Mail as Ofcom rejects competition threats

East London and West Essex Guardian Series Royal Mail puts controversial South Woodford delivery office move on holdEast London and West Essex Guardian SeriesRoyal Mail has put the controversial relocation of a delivery office on hold to allow for “further planning” of the move. The postal firm announced in August it would go ahead with…

Britain's financial regulator will not investigate the government's sale of Royal Mail, it said on Monday, rejecting calls from lawmakers who said a sharp rise in the firm's share price should have set alarm bells ringing. Its share price has since risen by as much as 87 percent, offering quick profits for big banks and…

[ad_1] Up to 15 properties flooded after heavier-than-expected rainfall and debris accumulation early Monday morning (October 28).  There was flooding on streets including Watery Lane, King Street and Springfield Road The Mill, on Mill Street, announced it would be closed for at least one day while the staff dried out the pub and restored electricity.  Dragley Beck…

News roundup–Gro Group, Marks and Spencer, Royal Mail, moreCatalogue e-businessSacks of post could soon be piling up in sorting offices across the country as members of the Communication Workers Union, representing 160,000 employees in Royal Mail Group, have voted unanimously in favour of a boycott of competitors' mail. The Union … More: continued here