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 05 July 2008 20:17 BST

'No significant benefit' from liberalising postal service

Tuesday, 06 May 2008 18:55
Opening up the postal market to competition has seen "no significant benefit"
Opening up the postal market to competition has seen "no significant benefit" for consumers and businesses, an independent report has found.

The findings are part of a review of the UK postal sector commissioned by the government, whose full report is due this summer.

Today's report found that the liberalisation had led to a "substantial threat" to the financial stability of the Royal Mail and the universal service.

In 2006 other operators were allowed to collect and deliver mail, ending the Royal Mail's 350-year monopoly.

As a result of the changes, the independent review said that the "status quo is not tenable".

"The policies needed to establish a sustainable future will be the focus of our report later this year," the BBC quotes the report as saying.End of story


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