Ofcom has announced a “fundamental review” into the regulation of Royal Mail, after the withdrawal of Whistl’s final mile delivery service left it without a major competitor in the postal market. In 2012, new regulations gave Royal Mail more freedom to set its own prices, to protect it from rivals in a competitive market. The removal of that competition, however, sees the company gain an effective monopoly on the UK postal market again, which may require new regulation to ensure […]
As reported by MT earlier this week, the Communication Workers Union (CWU) has today confirmed it will ballot members for industrial action over a host of issues including pensions at Royal Mail.
TNT Express has unveiled a two-year plan to target higher margin business, which includes palletised freight and larger, heavier parcels, and improve its profitability.
Royal Mail CEO Moya Greene is rumoured to be preparing to step down, with the head of the business’s GLS division tipped to fill her shoes.