The jury is still out on the success of the privatisation of the Royal Mail, said parcel services broker Fastlane International, after a leak of the Labour Manifesto for the 2017 general election called for it to return to public ownership. The leaked manifesto said: “The Conservative government’s privatisation of Royal Mail was a historic mistake, selling off another national asset on the cheap. “Labour will reverse this privatisation at the earliest opportunity, because it is a profitable company that […]
Royal Mail’s European parcels division remained the business’s driving force in the nine months ended 24 December 2017, while its UK letter volumes and turnover continued to dwindle.
Whistl CEO Nick Wells has blamed Royal Mail for the demise of its final-mile delivery service last month, claiming the company “screwed” Whistl with “differential pricing and some changes to zonal arrangements”.
TNT Post has begun extending its end-to-end service in London and is seeking investors to fund the roll-out of the offer across the UK.