Royal Mail bosses conceded the steps needed to open a Post Office Card Account could have been made easier by the Government.
It adds to growing fears that loyal Post Office customers are being encouraged to take up normal bank accounts.
Read MoreSir George Bain is touted as a likely successor to Graham Corbett as the chairman of PostComm.
Read MoreThe Royal Mail’s claim that it is suffering from the introduction of competition has been undermined by Pitney Bowes, one of the mail operator’s main commercial partners. Pitney Bowes, the company that invented the franking machine and handles 20 per cent of UK mail sent each day, says Royal Mail’s position is unlikely to be affected by competition. It said the operator was unlikely to lose much market share to rivals in the next three years and might even benefit from the introduction of competition in mail markets. The comments undermine complaints by Allan Leighton, chairman of Royal Mail, that the postal regulator has jeopardised Royal Mail’s three-year restructuring plan by introducing too much competition too fast.
Read MoreSir George Bain, the author of a highly controversial report into Fire Service pay, has emerged as the leading candidate to take over as Britain’s postal regulator. The former chairman of the Low Pay Commission and now Vice-Chancellor of Queen’s University, Belfast is at the top of a list of contenders drawn up by the headhunters Saxton Bampfylde Hever to succeed Graham Corbett as chairman of Postcomm. Mr Corbett, who has unsettled ministers with his uncompromising approach to Royal Mail and his eagerness to introduce competition to the state-owned company at a breakneck pace, leaves the Postcomm job in March next year, when he will have completed four years.
Read MoreDozens of Scots jobs will be axed when the Royal Mail stops transporting post by train.
The firm was today condemned for its “scandalous” decision to carry post by road and air from April 2004.
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