Ofcom has said it does not see competition from final-mile delivery firms as a threat to Royal Mail’s ability to continue to provide a universal postal service. Following calls made earlier this year for the regulator to protect its final-mile delivery service from increased competition, Ofcom has concluded that Royal Mail’s universal service is not currently under threat and will not impose regulatory conditions on its direct delivery competitors, including Whistl (formerly TNT Post). It will, however, monitor the direct […]
Royal Mail shareholders have been advised to sell their shares in the wake of the newly announced pay and pension deal.
Royal Mail has warned that revenue in its UK parcels business was lower than it anticipated in the last three months due to competition in the market for deliveries.
Royal Mail managers are to increase the level of industrial action being taken over a long-running pay dispute.