Royal Mail sells last 3 Nine Elm plots for £112m

Royal Mail on Monday said it had exchanged contracts to sell the last three remaining plots on its Nine Elms Park site to London Square for £111.2m. Profits from the sale would be used in line with Royal Mail’s capital allocation policy, with around £35m to be reinvested into the …

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Ofcom updates on Royal Mail regulation

Ofcom has proposed that the current framework regulating Royal Mail should be kept in place for a further five years. The regulator made the recommendation alongside plans to bring in new protections for parcel customers. This will require all parcel firms to tighten up complaints handling, and bring in …

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