Ofcom has said it does not see competition from final-mile delivery firms as a threat to Royal Mail’s ability to continue to provide a universal postal service. Following calls made earlier this year for the regulator to protect its final-mile delivery service from increased competition, Ofcom has concluded that Royal Mail’s universal service is not currently under threat and will not impose regulatory conditions on its direct delivery competitors, including Whistl (formerly TNT Post). It will, however, monitor the direct […]
Whistl is to take a controlling stake in its business after negotiating a deal with former owner PostNL, which is set to be signed once the details have been confirmed.
The government has confirmed it will sell shares in Royal Mail on the London Stock Exchange in the next few weeks.