Tag: Mail Services

UK postal market will open a year early

The postal market is to be fully liberalised from the start of next year, more than a year earlier than planned, in an effort to force Royal Mail to improve its customer service. Postcomm, the postal regulator, said yesterday that any licensed company would be allowed to operate in the mail market from January 1 next year. Royal Mail currently has a market share of 99 per cent. The market was to be opened in April 2007, but last September the regulator indicated this would be brought forward. The country’s parcel delivery market is already fully liberalised. Nigel Stapleton, chairman of Postcomm, said that, unlike other market liberalisations, the process was not about bringing prices down as stamps were already cheaper in the UK than in many other countries. “The major change is going to be the service provided by the incumbent operator,” he said. “Royal Mail is already placing more emphasis on quality of service because of competition.” The Communication Workers’ Union called the move “a grave mistake”. The UK should not open its postal market until other European countries did the same, it said.

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Postwatch looks forward to a free market

Postwatch welcome’s Postcomm’s decision to fully open the market on 1
January 2006. This is good news as competition is the best way to ensure
customers receive service and choice at the best possible price. Full competition will re-enforce, not undermine, the delivery of the universal service. The main threat to this service – nationwide daily deliveries and collections at uniform prices – is an inefficient Royal Mail. Liberalisation is good for Royal Mail, as it will maintain the pressure to deliver quality of service to customers, improve efficiency and drive innovation. Peter Carr Chairman of Postwatch said: “This is welcome confirmation of a policy which will ultimately benefit all users of mail services. As indicated, there remain significant problems before the playing field is levelled for full competition (eg VAT, access price and conditions). This is now urgent and Postcomm must act against any operator behaving unfairly in the market – including Royal Mail”.

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UK Royal Mail’s monopoly to end on 1 January 2006

Britain’s postal service market will be fully liberalised from 1 January 2006, Postcomm announced today. The move completes the process of removing the monopoly enjoyed by Royal Mail for more than 350 years. Nigel Stapleton, chairman of Postcomm said: “After three months of consultation, a substantial majority gave the thumbs-up to competition. We can now look forward to a more innovative and efficient postal industry focused on providing customers with the services they want, rather than being told by a monopolist what services they can – and cannot – have.” The decision means that from 2006 – fifteen months earlier than originally planned – licensed companies other than Royal Mail will be able to collect, transport and deliver letters and charge customers for the service. It follows extensive consultation in which a large majority of respondents said they favoured an early introduction of full market opening.

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Takenaka eyes postal loan business after privatization

The company that will take over the state-backed Japan Post’s postal savings operations in the nation’s postal reforms is expected to enter into the loan business, postal privatization minister Heizo Takenaka said Thursday. But the government failed to elaborate on how the planned privatization of Japan Post will improve its operations during separate meetings later in the day with the ruling parties, lawmakers said.

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French bank CDC could provide 1.6 bln euros for postal bank

The quasi-official French state bank Caisse des Depot et Consignations (CDC) could provide 1.6 billion euros of capital to help set up a bank run by the French post office, a source told AFP on Thursday. CDC, which has extensive interests in private companies and regional development, could also transfer 40 billion euros (52.32 billion dollars) of assets to La Poste, the state-owned post office, the source added, confirming a story in French business paper Les Echos. Talk of transferring the assets to La Poste “follows a decision from the public authorities to create a postal bank between now and January 1 2006”, the source said.

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