“Royal Mail is using an attack on the regulatory structure as a smokescreen for its own lack of progress in tackling their high labour costs. Since Single Daily Delivery was introduced in 2004, every initiative that the company has taken to improve efficiency has been absorbed either by higher wage rates or increased pension costs. Royal Mail has failed to bring its costs into line as would be expected of an efficient mail operator.“
Postcomm Chairman Nigel Stapleton said: “The decline in Royal Mail’s profits is not due to competition from other postal operators.“
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