Having a little more time than usual I will try and get up to date on the most important matters postal over the past few months, starting with.....the shocking increase in postal charges.
On 30th April, UK inland postal charges increased from 46p to 60p (a rise of 30%) for first class mail and from 36p to 50p (a rise of 39%) for second class postings. International prices fared slightly better with more modest increases between 25 - 28%. It seems that Royal Mail - or the government - had bullied the regulator Ofcom into abandoning the prescribed price limits with threats that the universal service, making daily deliveries to every address in the UK, was at risk.
Will Royal Mail profit from entering the loans and morgages market