Tag: UK

UK post service rivals reach surprise pact

Posted by | Dec 18, 2003 | |

Royal Mail and Business Post shocked the postal regulator yesterday by agreeing to an eleventh hour deal on access pricing. The companies, which have been wrangling for nearly two years over how much Business Post must pay to access the so-called “final mile” of Royal Mail’s delivery network, announced they had signed heads of terms on the issue. However, the details of the deal are likely to remain confidential until January. The news came as a surprise to Graham Corbett, the outgoing chairman of postal regulator Postcomm. He had been due to publish a decision on access pricing tomorrow, after the two companies had asked the regulator to mediate on the issue. “This is like being on the courtroom steps,” he said. “They have suddenly found themselves thinking that they don’t want a deal imposed on them by a judge or a regulator.”

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UK Royal Mail loses media markets chief

Posted by | Dec 18, 2003 | |

Adam Novak, who played a key role in developing the Royal Mail’s media markets strategy, is leaving the organisation after 12 years.

Novak, who has been director and general manager of Royal Mail Wholesale since the beginning of the year, says he has no definite job lined up, but that he plans to leave after Christmas.

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UK Royal Mail prices to rise less than inflation

Posted by | Dec 18, 2003 | |

Royal Mail’s domestic postage prices will rise on average by a below-inflation 1.2% from April 1 2004, it was announced.

The price of a basic First Class stamp will remain unchanged at 28p. Basic Second Class postage will rise 1p to 21p.

First Class prices for heavier letters will fall but there will be increases for heavier Second Class mail. Parcels sent by Royal Mail will cost more, but there will be no change to Parcelforce Worldwide’s prices for express, time-guaranteed parcels. Most international prices will also rise from April 1.

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UK Royal Mail signs away postal monopoly after 300 years

Posted by | Dec 18, 2003 | |

Royal Mail have signed a ground-breaking deal that paves the way for competitors to begin using its postal delivery network to reach every home in the country.

The agreement, struck with the private mail group Business Post, will open up the UK postal market to genuine competition for the first time in 300 years by allowing rival operators access to Royal Mail’s “final mile” network of 1,400 delivery centres and 170,000 postmen.

The deal with Business Post is expected to open the way for much bigger operators such as the Dutch and German post offices to enter the UK market as it is progressively liberalised.

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Postcomm confirms £7.5m penalty on UK Royal Mail

Posted by | Dec 18, 2003 | |

Following consultation, Postcomm has confirmed a financial penalty of £7.5 million on Royal Mail for failings in its services to customers.

The penalty relates to two of Royal Mail’s services used by business customers: First Class Post Paid Impression (PPI) and First Class Response Services, where the company’s performance was around 6% below the agreed licensed targets for the year for both products.

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