JERSEY Post is facing formal competition for the first time after the postal regulator issued a licence to an express delivery service.
The Jersey Competition Regulatory Authority has granted a licence to Regency Holdings Ltd, which delivers business mail and catalogues from the UK to Jersey.
The company has been delivering to Jersey since last year, and the 10-year licence formalises its operations in the Island.
Chuck Webb, executive director of the JCRA, said: ‘Regency Holdings is a fairly small operation that delivers business mail as well as catalogues and associated letters to Jersey from the UK.
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Article posted on 26th June, 2008 - 2.55pm
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