Postcomm today sought the views of mail users on proposals from Royal Mail to make changes to two of its services – Special Delivery and Standard Parcels.
The services are included in Royal Mail’s licence, which was issued by Postcomm, and the proposed changes need Postcomm’s approval before they can be implemented.
The Royal Mail is set to reveal a pensions shortfall of about 4 bln stg when it reports year-end figures later this month, according to The Sunday Times. The newspaper did not name its source, but said the shortfall — which the group has to declare under the new FRS17 accounting standard — is likely to shock the group’s 200,000 workforce and the government, which is still the ultimate owner of Royal Mail.
Read MoreRoyal Mail will announce this month that it has reduced operating losses by a third in the first 12 months of chairman Allan Leighton’s three year cost-cutting programme. Despite the slower than expected axeing of second letter deliveries to homes across the country, the loss in the latest financial year is likely to fall to around GBP200m from GBP318 million previously, largely due to better performance at the core mail and Parcelforce businesses.
Read MoreRoyal Mail today announced that it is joining forces with the Management Services Business of Pitney Bowes Inc in the UK to offer bespoke document management solutions to businesses. RMPB Ltd will combine the services of Royal Mail and PBMS UK to offer UK businesses ‘Royal Mail Document Solutions’, a range of bespoke, outsourced document management services and mailroom operations.
Read MoreThis week (May 8th), Royal Mail will reduce the price tariffs for its Mailsort products, a move which will save the marketing community million of pounds a year. Royal Mail will reduce supply chain costs, share savings with customers and simplify the products and pricing for Mailsort 120 & 700. Royal Mail is able to do this by lowering prices and encouraging customers to use Mailsort products that offer mechanised sorting.
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