Customers are taking advantage of incompetence at the Royal Mail by sending letters free of charge to residential addresses across Britain by simply marking them “Freepost” -normally used by businesses that have paid for a licence.
The scam is thought to be used by a growing number of people and could be costing the postal service thousands of pounds a year in lost revenue.
Read MorePostcomm is hunting for a new chief executive following the departure of Martin Stanley.
The postal regulator has begun the trawl for a replacement in the wake of Stanley’s appointment as chief executive of the Competition Commission. He will take up the post this autumn.
Nigel Stapleton, Postcomm chairman, says: “Martin has led Postcomm since its inception, and his contribution to its achievements over the last four years has been immeasurable.
“We aim to recruit a chief executive who will ensure Postcomm’s culture and values are maintained, so we can build on the work we have started and achieve our aims.”
Read MoreThe Post Office has started to sell car insurance and hopes to capture 5 per cent of the competitive UK market within three years. It is the second product after personal loans to be launched as a result of the Post Office’s recently launched joint venture with the Bank of Ireland, through which it aims to become a significant force in the financial services market.
Read MoreThe PPA said its suggestions were more cost-reflective than the existing proposals and would enable publishers to accommodate different sizes without being faced with heavy costs – allowing them to budget more effectively with their advertising and promotional plans.
Read MoreA campaign against the imposition of heavy fines caused by the ‘no parking’ policies of London borough councils has resulted in a series of new measures to help ease the problem. TNT Express Services has been spearheading a six-month, industry-wide revolt challenging Westminster and Camden Councils to alter its policies to help accommodate collections and deliveries to businesses in the capital. TNT was facing potential fines up to GBP300,000 per annum under the existing arrangements. TNT, the UK Express Carriers Forum and Westminster and Camden officials held summit talks on July 15th and 16th to try and resolve the difficulties. A raft of new proposals looks like signalling an end to the dispute.
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