Guernsey Post could face threat from abroad

The profitability of Guernsey Post could be under threat after the company’s chief executive revealed potential rivals are already conducting trials on the island. Gordon Steele told the Guernsey Press: “I can assure you that Swiss Post, DHL, TNT, Citipost and others are all active in Guernsey right now conducting trials, working with the bulk mailers, looking to take business away from us.

Guernsey Post’s trade could suffer if the company lost its court appeal against the regulator’s decision to reduce the price level of the reserved area to £1 and exclude packets from that control.

“If we lose then we will see more competition than exists, and we will lose money, I expect, going from a profitable business to loss.

“We will see profit made from postal business go to companies based in the UK, in Holland, Germany and Switzerland.”