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[img]Postal business Whistl - formerly TNT Post - has suspended its door-to-door delivery service in London, Liverpool and Manchester and is consulting 2,000 workers on redundancy.
The move follows a decision last month by potential investment partner LDC not to fund its expansion plans.
Whistl will continue to provide a service, but will revert back to using the Royal Mail for the "final mile".
Shares in Royal Mail rose 3.3% after the news was announced.[/img]