Whistl post deliveries suspended

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Published: Monday 11th May 2015 by The News Editor

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Postal firm Whistl has suspended deliveries after private equity backer LDC pulled out of funding to help expand the business.

The Dutch-owned company – formerly known as TNT – said it was now reviewing the viability of rolling out its delivery service from the areas where it currently operates.

Whistl employs around 2,000 workers on its postal delivery business in parts of London, Liverpool and Manchester in direct competition to the Royal Mail.

It started trialling home deliveries three years ago, equipping its staff with bright orange uniforms for the so-called end to end (e2e) deliveries.

A company statement said: “Following the announcement from LDC that it would not proceed with the proposed investment to fund further rollout of e2e, we have now commenced an extensive review of the viability and potential for the rollout of an e2e postal delivery service in the UK.

“To stem the losses from the operations we have taken the difficult decision to suspend the current e2e service during the review process and all mail will now be delivered through our long-standing downstream access service until we have concluded the review.

“As part of this extensive review, we will begin consultations with the relevant employees who are affected by the suspension of the e2e service, and with their union representatives, with a view to identifying and exploring viable proposals to secure the continuation of this service.”

Published: Monday 11th May 2015 by The News Editor

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