CWU rages over regulator's plans
Postal unions and Post Office management warned yesterday that industry regulator Postcomm is about to plunge the service into “crisis” with a raft of “restrictive and damaging” proposals.
Read MoreTag: Consignia
Consignia to compensate for delayed or lost mail
Households will be eligible for compensation running into tens of millions of pounds for lost or delayed letters under a scheme expected to be unveiled today by the postal regulator.
Read MorePostcomm consults on a price and performance package to benefit customers and Consignia
On 3 October Postcomm put forward for consultation a package of proposals that would limit postal prices and require Consignia to deliver better services – or pay compensation to customers if it fails to do so.
Read MoreMail shake-up will sting us says Consignia chief
A mass of “regulatory gobbledegook” will undermine any benefits Consignia reaps from a 1p rise in the price of stamps and leave the company £500 million worse off, its chairman warned today. Alan Leighton said a new package of regulatory measures would be very damaging for Consignia and claimed there was “honey” in the headlines but a sting in the detail.
Read MoreStamp prices expected to rise by one penny
Postcomm, the mail regulator, is expected to allow the price of first and second-class stamps to rise by a penny after proposals are published today. The regulator, which sets the price of stamps and monitors delivery performance, is likely to suggest that first-class postage will rise to 28p, while second-class will rise to 20p.
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