Post Office still needs to deliver improved services;Analysis
The Post Office is said to be the best known brand in the UK after Coca-Cola. It is also the country’s biggest retail chain. But it is also an organisation that loses a million items of its customers’ business per week; delivers a service at midday – when most recipients have gone to work; does not take credit cards; offers bureaux de change without computer access to exchange rates; and one that many people only visit because they have to.
The Post Office has, by any measure, much to do to catch up with the rest of the world.
And there is little time in which to do it. Postcomm, the regulator, has insisted that competition should dawn, despite the efforts of the Post Office and the Government to resist the substantial reduction of the monopoly that is sought by the European Union.
Postcomm made clear this week that a cut of the monopoly is not the only route to competition. Rival businesses will soon be able to win licences for parts of the Post Office business. The power to grant those licences begins in March when the Post Office becomes a plc, albeit one entirely owned by the Government, and the postal consumers’ group gains greater powers.
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