Tag: Royal Mail

Postcomm modifies UK Royal Mail’s licence to include new price control

Posted by | Mar 31, 2003 | |

Postcomm today announced amendments to Royal Mail’s licence to include new three-year price control arrangements, to which Royal Mail agreed on 20 March.
The new arrangements allow Royal Mail to raise prices of 1st and 2nd class stamps by 1p shortly, as Postcomm understands Royal Mail intends to do. In all, the price control allows Royal Mail approximately £750m extra cash over the three years of the control. The licence amendments also open the way to an enforceable scheme to compensate domestic and business users for late delivery of post.

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UK Stamp price rise 'unjustified'

Posted by | Mar 31, 2003 | |

Royal Mail will today be given the freedom to increase the price of a first class stamp by 3p to 30p over the next two years, consumer lobby Postwatch
claimed in an attack on the industry regulator last night. “Postwatch is not convinced that a correct balance has been struck between the interests of consumers and those of Royal Mail in the regulator’s current proposals,” it said. “Consumers are being asked to pay significantly more than the 1p:1p originally proposed, with little justification by way of hard evidence or sound logic.”

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Sell the Mail, urges UK Blairite Think-Tank

Posted by | Mar 30, 2003 | |

The Institute of Public Policy Research, Labour’s favourite think-tank, will tomorrow urge the Government to consider privatising Britain’s postal service. In a report written by Dan Corry, the one-time special adviser to former Transport Secretary Stephen Byers, the IPPR will claim that in public hands the Royal Mail may be unable to compete in the deregulated postal market.

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Global Mail Service Expanded

Posted by | Mar 29, 2003 | |

The US Postal Service is expanding its agreement with Royal Mail Group’s parcel delivery company, General Logistics System (GLS) for delivery of Global Express Mail (GEM) to Europe from 6 to 14 countries. GLS currently delivers GEM items to 6 countries: Austria, Denmark, Germany, France, Netherlands, and Sweden. The 8 additional countries to which GLS will deliver GEM items effective March 29, 2003, are Belgium, Italy, Liechtenstein, Luxembourg, Malta, San Marino, Switzerland, and Vatican City. Note that San Marino and the Vatican City are being added to the countries that can be reached using GEM.

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