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. TNT Post believes that Royal Mail should not have a 20% advantage over other parcel carriers if it becomes a privately-owed company. Currently, European law states that companies that provide a universal service, like Royal Mail, can be granted tax exemptions. A spokeswoman for TNT Post […]
Royal Mail has admitted that the threat of industrial action and the introduction of size-based parcel pricing led to volumes being flat in the first nine months of the current financial year.
Whistl has become the first company to secure a postal contract with the Government of Northern Ireland which will see it process 20m items of mail a year.
UK Mail’s forced move to new premises has had a disastrous short-term impact on the business with full-year profit now expected to be half that achieved last year, the company warned today.