Ofcom has launched a consultation on allowing Royal Mail the commercial freedom to roll out its ‘delivery to neighbour’ scheme across the UK. At present, Royal Mail is the only major UK postal company currently not permitted to deliver to a neighbour. If Ofcom makes these changes to Royal Mail’s delivery obligations, the company could leave mail items with a neighbour in the event that consumers are not in to receive them. This would avoid larger postal items, certain items […]
Analysts have reacted cautiously to Royal Mail’s year end results, which saw the group’s turnover grow 2% year-on-year but annual profit fall by more than a third (37%).
TNT Express and Royal Mail’s international delivery arm GLS are among 20 parcel companies that have been fined by the French competition authority for price fixing between 2004 and 2010.
Royal Mail has confirmed CEO Moya Greene will retire in September, with the boss of its GLS division taking her place from 1 June.