From the BBC
Royal Mail boss Moya Greene told the BBC that increased competition was threatening the company's ability to deliver letters to all parts of the UK - a service mandated by law.
She added that the "cherry-picking" of urban mail routes by competitors "undermines the economics" of its nationwide delivery service.
Royal Mail has long called for the regulator, Ofcom, to consider expanding the Universal Service mandate - which ensures mail is delivered across the UK, six days a week, at one fixed price - so that it includes rivals such as Whistl.
In response, a spokesman for Ofcom said the regulator's own evidence "clearly shows that the service is not currently under threat".
"We would assess any emerging threat to the service quickly, in the interests of postal users," he added.
The "economics" of their service is that they had this requirement as part of floatation and are still doing it. That's all we care about, not feathering the nests of Royal Mail shareholders. Good to see Ofcom are of the same mind.
BTW If I was a single bloke, I wouldn't bother with home delivery of parcels. I'd send everything to a pick-up point where I can pop in on the way home from work. I suspect it's the future of parcels.
Wednesday, 19 November 2014
From the BBC
My latest blogpost: Royal Mail Rent-SeekersTweet this! Posted by The Stigler at 23:08