Day: May 19, 2003

Business Post Group PLC welcomes today’s announcement by Postcomm, the independent postal industry regulator, permitting UK Mail Limited, Business Post’s subsidiary, access to Royal Mail’s postal facilities on specified terms, subject to public consultation over the next three months. In particular, UK Mail believes that the proposed final delivery charge of 11.88p for items of under 60 g – covering the vast majority of letter mail – transported to the Royal Mail Delivery Office represents a feasible basis for its proposed service. Paul Carvell, Business Post’s Chief Executive, said “UK Mail has been asked to pay rather more than we had hoped. However, after 18 months since UK Mail was granted its interim licence, we are keen to get on with the launch of our new service which has stimulated a lot of interest among many large business customers.”