Saving the Royal Mail's universal postal service in the digital age

Saving the Royal Mail's universal postal service in the digital age
Author :
Publisher : The Stationery Office
Total Pages : 56
Release :
ISBN-10 : 0101793723
ISBN-13 : 9780101793728
Rating : 4/5 (728 Downloads)

Book Synopsis Saving the Royal Mail's universal postal service in the digital age by : Richard Hooper

Download or read book Saving the Royal Mail's universal postal service in the digital age written by Richard Hooper and published by The Stationery Office. This book was released on 2010-09-10 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Coalition Government asked Richard Hooper to update the 2008 report "Modernise or decline: policies to maintain the universal postal service in the United Kingdom" (Cm. 7529, 2008, ISBN 9780101752923). He finds the universal postal service still under serious threat, with most of the original causes for concern having got worse: the market and Royal Mail's market share continue to decline; the company has still not modernised sufficiently; the accounting pension deficit has grown from £2.9bn to £8.0bn; the current regulatory regime is not fit for purpose. The 2008 recommendation that private sector capital is required by Royal Mail is reiterated, for several reasons. The company is unlikely to generate sufficient cash to finance the modernisation required. Private sector capital will inject private sector disciplines and reduce the risk of political intervention in commercial decisions. And the state of the public finances means that Royal Mail will find it harder to compete for Government capital against other public spending priorities. But private capital will not be attracted without action on the pension deficit and the regulatory regime. The historic pension deficit should be taken over by the public purse. A new regulatory framework must be created that increases certainly for investors in the postal services sector in general and in Royal Mail in particular. Postcomm has recently consulted on a new framework, and this should be built upon. This update sets out the high level principles that should guide regulation, ensuring the overall burden is reduced.


Saving the Royal Mail's universal postal service in the digital age Related Books

Saving the Royal Mail's universal postal service in the digital age
Language: en
Pages: 56
Authors: Richard Hooper
Categories: Business & Economics
Type: BOOK - Published: 2010-09-10 - Publisher: The Stationery Office

DOWNLOAD EBOOK

The Coalition Government asked Richard Hooper to update the 2008 report "Modernise or decline: policies to maintain the universal postal service in the United K
Delivering for the future
Language: en
Pages: 28
Authors: Great Britain: Department for Business, Innovation and Skills
Categories: Business & Economics
Type: BOOK - Published: 2010-10-13 - Publisher: The Stationery Office

DOWNLOAD EBOOK

This paper outlines the Government's proposals that aim to safeguard the universal postal service and secure sustainable futures for the Royal Mail and the Post
Postal services in Scotland
Language: en
Pages: 160
Authors: Great Britain: Parliament: House of Commons: Scottish Affairs Committee
Categories: Business & Economics
Type: BOOK - Published: 2011-01-09 - Publisher: The Stationery Office

DOWNLOAD EBOOK

The Committee's report considers two key issues: the maintenance of a universal service and the continuation of a sustainable Post Office network across Scotlan
Masters of the Post
Language: en
Pages: 840
Authors: Duncan Campbell-Smith
Categories: History
Type: BOOK - Published: 2011-11-03 - Publisher: Penguin UK

DOWNLOAD EBOOK

The origins of the Post Office go back to the early years of the Tudor monarchy: Brian Tuke, a former King's Bailiff in Sandwich, was acknowledged as the first
Understanding Regulation
Language: en
Pages: 563
Authors: Robert Baldwin
Categories: Business & Economics
Type: BOOK - Published: 2012 - Publisher: Oxford University Press on Demand

DOWNLOAD EBOOK

An introduction to the practical and theoretical issues that are central to the study of regulation, which a particular focus on contested areas and how they ar