Ofcom has provisionally found that Royal Mail breached competition law with the price increases competitor Whistl complained to the regulator about last year. The complaint was lodged by Whistl in January 2014, when the then-TNT Post accused Royal Mail’s price changes to its access services of discriminating against its key competitors in the market. Whistl alleged that Royal Mail was trying to jeopardise its foray into the final mile delivery sector, as it was rolling out a trial of its […]
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.
TNT Post is to go to court next month to challenge rival Royal Mail’s tax exemption status as the universal service provider, just as the state-owed post and parcel carrier prepares for its floatation.
As reported by MT earlier this week, the Communication Workers Union (CWU) has today confirmed it will ballot members for industrial action over a host of issues including pensions at Royal Mail.