An Post ‘losing out’ in row on stamp pricing

An Post has claimed its financial position has deteriorated as a result of delays by the Communications Regulator in dealing with its application for an increase in the price of postage stamps.

A major row has broken out between the State-owned postal service and ComReg over its application for a 18% price increase which was submitted last February.

An Post claims that ComReg has had “more than sufficient information” to make a decision to grant or refuse the increase for several months, although it still has to stage a public consultation on the issue.