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 […]
Having fired the starting gun on the sale of its remaining stake in Royal Mail last week, the government is out of the blocks and has sold 15% of its shareholding to institutional investors.
Royal Mail celebrated the first wave of graduates to achieve its Foundation Degree in Logistics from Aston University last week, with more than £400,000 in operational cost savings posting an extra boost to the occasion. Designed for experienced managers who may not have studied since leaving school, the qualification combines work-based and academic study and takes two years to complete. In year two, a project overseen by senior Royal Mail logistics managers is undertaken, with more than £400,000 of savings […]