New postal changes could hit brokers

Brokers, already hard hit by rising postal costs since the implementation of statutory regulation, c...

Brokers, already hard hit by rising postal costs since the implementation of statutory regulation, could see their bottom line further affected by the Royal Mail's new pricing system, which comes into effect on 21 August 2006.

Its current system is based only on the weight of items, however, the new system will be based on both size and weight and fall into three main size formats - letter, large letter and packet.

Royal Mail spokesman David Dale said: "We are making every possible effort to

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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