Express delivery group Business Post yesterday revealed its alternative postal service, UK Mail, will finally hit the streets in the new year. Chief executive Paul Carvell said a long-running pricing dispute with Royal Mail has been resolved by the postal regulator, Postcomm, clearing the way for the launch of the service – originally scheduled for April this year.
Read MoreRoyal Mail is considering merging some of Scotland’s rural post offices with local tourist information centres as part of its efforts to keep the struggling network afloat.
The postal operator, which formally ditched its Consignia moniker on Monday, has held preliminary talks with Visit-Scotland about the proposals.
Although still at an early stage, the move might help stave off closure for scores of rural post offices should it get the green light, providing a new source of income for Scotland’s cash-strapped postmasters.
Read MorePostcomm today published the terms and conditions for the new standard postal
licence. This implements the decision, announced on 29 May 2002, to allow
rival operators to provide long-term mail services in competition with Royal Mail Group. The new licence will come into operation from I January 2003 and will have a minimum life of seven years. Up to now, with the exception of Royal Mail, all postal operators have been restricted to interim licences of a minimum of 12 months’ duration.
Postcomm, the UK mail regulator, today began consultation on the proposed
issue of a new long-term licence to TPG Post UK Limited, a subsidiary of the
mail, express and logistics company TPG N.V. TPG Post UK is amongst the first group of applicants for a long-term licence, which would allow the company to carry bulk mail and provide consolidation services in the UK as from January 2003.
Business Post increased its pre-tax profits by 17.8% to £6.7m in the 6 months to 30 Sept, on turnover which was 4.6% higher at £63m.
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