Home / Royal Mail / Ofcom hands Royal Mail price-setting powers

Ofcom hands Royal Mail price-setting powers

LONDON (Reuters) – Royal Mail will be able to set prices for most of the letters and parcels it delivers under a new seven year framework, industry regulator Ofcom said on Tuesday. Royal Mail, earmarked for privatisation, made a 41 million pounds ($65.34 million) operating loss on letters and parcels in the six months to September 25 as it fights against the rising use of email hitting its …

More: continued here

About admin

Check Also

Revealed: Prince Philip’s married uncle was involved in an incestuous relationship with his OWN uncle – as remarkable details of family love triangle emerge writes royal author CHRISTOPHER WILSON

She’d never even kissed her husband properly before they married. And so on her wedding …

Leave a Reply

Your email address will not be published. Required fields are marked *