Whistl has suspended its E2E postal delivery service after a deal to fund expansion of the network fell through.
In a statement the company 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.
A spokesman pointed out that only the E2E service was affected and the rest of the business would continue normally.
The statement went on: “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.”