An inquiry into competition in the UK postal sector has been launched, after calls from Royal Mail to protect it from last mile delivery competition earlier this year. The Business, Innovation and Skills (BIS) committee yesterday said the inquiry would investigate access, end-to-end delivery of mail, the parcel delivery services available and the impact of competition on Royal Mail’s obligation to deliver a universal service. Royal Mail, which in June called for regulator Ofcom to protect it from last-mile delivery […]
The Office of Fair Trading (OFT) has today (5 September) issued a call for information on the UK petrol and diesel sector, in order to identify whether there are competition problems it can investigate. “We are keenly aware of continuing widespread concern about the pump price of petrol and diesel and we have heard a number of different claims about how the market is operating,” said Claire Hart, director in the OFT’s Services, Infrastructure and Public Markets Group. “We have […]
A lot has happened in the two weeks since the last MT Tracker, and today the government has revealed that it will begin selling shares in post and parcel operator Royal Mail within the next few weeks, adding another transport name to the companies listed on the London Stock Exchange.
The government’s apprenticeship levy will come into force in April 2017. This means in just four months, companies with a payroll of £3m or more will be paying 0.5% of that cost into a pot, which UK businesses will be able to draw from for staff training.