UK Royal Mail in courier battle
Royal Mail today launches a special delivery service in a direct challenge to courier firms.
The ailing group, which faces the threat of a pay strike by employees and is losing £750,000 a day, hopes the service will generate £100million in new business.
Packages will be delivered by 9am the next working day, with prices starting at £6.95.
A Royal Mail spokesman said the company aims to take 25% of the special delivery market, which has expanded by 66% in five years.
