The Post Office regulator today came under fire from Labour backbenchers over its comments on increased competition within the postal service.
One MP called the announcements a “disgrace” and another called for Postcomm chairman Graham Corbett to be sacked.
In its report setting out a timetable for increasing competition in the market, Postcomm said traditional justification for maintaining Consignia’s monopoly was no longer valid.
In a note on the European mail sector after UK regulator Postcomm announced plans to introduce “serious” competition to the UK market, ABN Amro said Deutsche Post World Net AG, TPG NV and Hays PLC stand to benefit particularly from increasing liberalisation, dealers said.
Read MoreThe impact of liberalisation on efficiency: A survey
Read MoreCompetition Working Group: Summary of Members Views
Read MoreSensitivity analysis of the impact of liberalisation on the financial performance of Consignia and its business segments
Read MoreChristian Salvesen, the UK logistics company, is to cut 25 per cent of its German workforce in an effort to stem losses caused by difficult market conditions and late adaptations.
Read MoreBritain’s state-owned postal service Consignia has reported steep losses and raised concerns over the British letter service by signalling that massive cutbacks are on the way.
Now the regulator Postcomm has proposed to open the mail services to competition. BBC News Online takes a closer look at Consignia’s situation, and how it got itself into such a mess.
Church & Dwight, the manufacturer of Arm & Hammer consumer and specialty products, has selected Exel, the global supply chain management solutions provider, to expand its retail distribution network.
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