Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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DerekR, I believe that back in 2008 or 2009, RM were told to lose around 25% of it's contracts by Postcomm (or the Monopolies Commission) in order to promote competition but all this seemed to promote was an increase in 'mailing houses' and DSA.
In the meantime, RM took their eye off the ball and let the parcels market slip to our competitors.
Strangely enough, RM were market leaders in parcels automation back in the 70s and 80s but the bosses back then weren't interested in parcels and let our R&D department slide into decline instead of selling our best ideas to other Postal administrations.
Ispy the dates are a bit unclear I also thought Oct but says Q3 for one element and Q4 for another. I agree re DSA
@ JBT.
I thought that the review was earmarked for October 2019.
However long this takes, nobody knows.
Getting rid of DSA would be a good start.
I Spy
I posted previously that Ofcom had brought forward a review of RMG it has said they will report back in Q3 and Q4 which is now. I have found it difficult to clearly understand the dates they quote but possibly something due shortly. I wonder if we will see anything significant in those recommendations?
Annual Plan 2019/2020
We will bring forward some of the work we had planned to undertake as part of our next review of the regulation of Royal Mail which, as we set out in spring 2017, we intended to undertake by 2022.
3.28 In the next financial year, in addition to our current work programme, we will:
• Carry out a review of Royal Mail’s efficiency.
This work will give us more insights into the likely future sustainability of the universal postal service. We intend to provide our latest view on the sustainability of the universal postal service in Q3.
• Seek to understand the needs of postal users better.
We will carry out research to review the extent to which the postal market is meeting the reasonable needs of users in light of changes in the market, in particular the growth in online shopping and continued decline in letters. We will assess implications arising from changes in postal user needs. We plan to publish preliminary findings in Q4.
– Ofcom’s Annual Plan programme of work for 2019/20