Tag: Mail Services

UK Royal Mail to increase price of first-class stamps

Posted by | Dec 11, 2004 | |

Royal Mail put the interests of its business customers firmly ahead of personal users yesterday by increasing the cost of first-class postage in a move designed to prepare the organisation for open competition in 2006.

Adam Crozier, the chief executive, announced he would raise the price of a first-class stamp by 2p to 30p from 7 April next year, and declared that the public could no longer expect to be subsidized by business customers.

The second-class stamp will stay at 21p and prices will fall for some business services, including Mailsort and CleanMail. Mr Crozier said: “Royal Mail last year lost about 5p for every first-class stamped letter and about 9p for every second-class stamped letter. Business customers cover those costs. As more competitors chase those big customers, we need to reduce that subsidy if we are to compete on a fair and equal basis.”

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UK postage prices to change to reflect costs of handling mail

Posted by | Dec 10, 2004 | |

The price of a basic First Class stamp will go up from 28p to 30p from 7 April 2005, Royal Mail confirmed today. Many business mail services will see very much smaller increases and, in some cases, real decreases, as Royal Mail takes the first steps toward rebalancing its prices to reflect actual costs and prepares for full competition in the market. The basic rate for Second Class mail will remain at 21p for all customers and overall the price of postage for 40% of Royal Mail’s daily mailbag of some 83 million items will not change.
Royal Mail’s Chief Executive Adam Crozier said that with the UK mail market potentially fully open to competition from January 2006, it was essential that Royal Mail’s postage prices started to reflect the true cost to the company of collecting, sorting and delivering mail. Mr Crozier also said that the current system under which some customers cross-subsidise others could not continue in an open market.

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Japan needs to stem foreign purchases of Japan Post units

Posted by | Dec 10, 2004 | |

The government needs to devise steps to prevent foreign firms from buying planned postal savings and insurance firms to be created through the privatisation of Japan Post, Internal Affairs and Communications Minister Taro Aso said.

Aso told a news conference, “It is necessary to prevent purchases by foreign companies and others.”

The government is to privatise Japan Post in stages from 2007 by dividing it into four firms, handling postal savings, insurance, mail delivery, and over-the-counter services, respectively.

Aso said the government will consider what methods should be adopted to block foreign purchases of savings and insurance units.

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Kenyan Postal firm ventures into money transfer business

Posted by | Dec 10, 2004 | |

Thirteen International firms have applied to partner with Postal Corporation of Kenya (PCK) in the provision of international money transfer services.

The Post Master General, Dan Ameyo, said PCK has already received the tenders for the new venture.

Ameyo said successful applicants would be short-listed before the middle of next year.

PCK’s push for this facility is to enable the organisation to compete on an equal footing with international companies that offer similar services, notably Western Union and DHL Ltd.

Ameyo was speaking at a function where Information Minister Raphael Tuju re-launched PCK’s Express Mail Services.

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UK Royal Mail widens the gap between 1st and 2nd class stamps

Posted by | Dec 10, 2004 | |

Postwatch is very disappointed that Royal Mail has today announced that 1st class stamp prices will be increased by 2 pence to 30 pence from next April. Postwatch has consistently called on Royal Mail to freeze prices until they start to achieve acceptable levels of performance. Postwatch is also surprised that Royal Mail has chosen to widen the gap between 1st and 2nd class stamps.
Peter Carr, Chairman of Postwatch, commenting on the price increase said:
“Once again Royal Mail is increasing revenues by asking householders and
small businesses to pay more for their stamps. These are the customers least
likely to be offered a competitive alternative.

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