Ofcom fines company for failing to meet service targets and putting up prices too early
has been fined £1.6m for delivering letters late and charging too much for stamps. The communications watchdog said the privatised postal service missed its target of delivering 93 per cent of first-class post within one working day.The group did not provide a “satisfactory explanation and it did not take sufficient steps to get back on track during the year”, Ofcom added.Download nowOfcom fined Royal Mail £1.
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