Financial Times FT.com

Profits from paper harder to achieve

By John Willman, Business Editor

Published: March 28 2008 02:00 | Last updated: March 28 2008 02:00

Everyone involved in the postal business agrees that the UK industry is at a crossroads, but as the independent government-backed review of the postal services sector is rapidly discovering, there is little agreement on the way forward.

One in five letters is now handled by private sector operators, just more than two years after full competition was introduced - providing large savings for big mail users such as banks.

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