Royal Mail has warned it will have to raise prices after taking a £120m hit from Rachel Reeves’s Budget tax raid. The postal company said the Chancellor’s decision to raise employer National Insurance contributions (NICs) will have a disproportionate impact on the company given it has 130,000 workers. Bosses said …
Read More »German regulator sets stamp price guidelines, shrugging off DHL protest
By Matthias Inverardi DUESSELDORF (Reuters) -Germany’s network regulator confirmed its guidelines for the pricing of postage stamps on Monday, refusing to go beyond its proposed ranges despite protest by the national operator Deutsche Post, owned by logistics group DHL. DHL has criticised the regulator, which first proposed the pricing guidelines …
Read More »Royal Mail bidder under pressure to cap price of stamps
The Czech billionaire bidding to buy Royal Mail is under pressure to cap stamp prices as Labour pushes for tougher concessions on the deal. The Telegraph has learnt that ministers want Daniel Křetínský, known as the “Czech sphinx”, to rule out further increases to first-class stamp prices as part of …
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