COMPETITION, PRIVATIZATION MOVE AHEAD IN EUROPE UK GOVERNMENT USES PRIVATE POSTAL CARRIERS Postal competition is saving the British government money. The public sector spends nearly £650 million (1.2 billion USD) a year on mail, or about 10 percent of the postal market. Since September, the Department of Work and Pensions has been using...
For years, lawmakers have been urging the U.S. Postal Service to cut costs, in the interest of both taxpayers and mail users. It's ironic, then, that in a climate of ever-rising stamp prices, just when the USPS has made a bold move in the right direction, some Members of Congress...
At the beginning of this year, Britain ended the Royal Mail's 370-year-old monopoly on letter delivery, becoming the fourth and largest European economy to embrace an open postal market. Many European governments, though, are dragging their feet on postal liberalization, despite an EU directive calling for members to open the...
UK MAIL MARKET ADJUSTS TO DEREGULATION Since Britain ended the Royal Mail's postal monopoly on January 1st, competition for big mail contracts has been heating up. The banks Lloyds TSB and Barclays, credit-card giant MBNA, and pay television company BSkyB are all giving their postal business to TNT Mail -- the...