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The regulator says reforming postal services could save the loss-making Royal Mail up to £425m. ... Ofcom has suggested reducing Royal Mail's next-day delivery target for first-class post from 93 ...
Royal Mail must deliver letters six days a week to all 32 million addresses in the UK for the price of a stamp (James Manning/PA)
Royal Mail could ditch its near-daily deliveries of letters as the centuries-old British institution attempts to modernize its service and plug a growing hole in its finances.
Local holidays are determined by local authorities across Scotland. Some of these may be taken in lieu of statutory holidays while others may be additional holidays, although many companies, including Royal Mail, do not follow all the holidays listed below, and many swap between English and local holidays.
After the opening up of the industry, competitors such as Whistl and UK Mail found their place offering business postal solutions. These companies, despite being competitors to Royal Mail, hand over sorted mail to the Royal Mail for "last mile delivery" due to the sheer dominance the latter hold in a process called 'Down Stream Access'. [3]
This list is identical to the list of Federal holidays in the United States. If a postal holiday falls on a Sunday, it is observed on the following Monday. Canada Post also maintains a list of Postal Holidays. This article incorporates public domain material from websites or documents of the United States Postal Service.
Royal Mail reported its operating loss for the 2022–2023 financial year was £1.04 billion, down 518% from a £250 million profit a year earlier, which the company attributed to disputes with ...
Ofcom said that, even after taking circumstances into account, Royal Mail fell short of its targets by a ‘significant and unexplained margin’. Royal Mail fined £5.6m for delivery failures ...
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