Final mile postal workers could boycott mail handled by private sector firms in the new year, after a consultative ballot of Communication Workers’ Union (CWU) members at the Royal Mail. The union said that it had concerns that competition in the market for final mile postal deliveries, from the likes of TNT Post, was “undermining the sustainability of the universal service”. It is calling for postal regulator Ofcom to: Protect the universal service and end cherry-picking of delivery services. Maintain […]
The jury is still out on the success of the privatisation of the Royal Mail, said parcel services broker Fastlane International, after a leak of the Labour Manifesto for the 2017 general election called for it to return to public ownership.
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.
Royal Mail has said it delivered a “resilient performance in challenging markets” despite its group profit falling by a third in the last year.