Private postal business Whistl - formerly known as TNT - has suspended its door-to-door delivery service in London, Liverpool and Manchester and is consulting 2,000 workers on redundancy.
Whistl will continue to provide a service, but will revert back to using the Royal Mail for the "final mile". Shares in Royal Mail rose 3.3% after the news was announced.
TNT Post UK launched its end-to-end delivery service in West London
in April 2012, and by the end of 2014 had expanded within London and
Manchester, as well as to Liverpool. Under its new name, Whistl, it has been delivering to 2m households, around 7.4% of all UK households, compared to 4.1% in 2013.
But the news will probably be welcomed by London householders, companies and local authorities who have been using the service, as there have been many reports over the last year or so about mail being dumped in hedgerows instead of being delivered.
- BBC News, Sky News, Post and Parcel.
UPDATE 9 December 2015
Example of the whistl PPI (right), on a label stuck over the TNT PPI printed on the envelope.