Royal Mail plans to cut 2nd-class deliveries to save £300m a year
DON'T BANK ON ITCHICKEN WINNERRoyal Mail issues major delivery delay warning for 14 areas in widespread chaos – is your postcode affected?
Ofcom said it is putting forward these suggestions amid a drop in the quality of service at Royal Mail.said just 74.7% of first class post was delivered on time in the past year — well short of the 93%Natalie Black, Ofcom’s group director for networks and communications said: "The world has changed – we’re sending a third of the letters we were 20 years ago.
Ofcom is now set to consult further on its proposals until April 10, with a final decision to be made in theTwenty years ago, Royal Mail was delivering 20billion letters.Emma Gilthorpe, chief executive of Royal Mail, said that reform is "crucial to support a modern, sustainable, and reliable postal service for our customers, our company and our people.”
She added: "Ofcom has recognised the urgent need for change so that the future of the Universal Service can be protected for all." The price of first class stamps has also been increased five times over the past two years, with cost now sitting at £1.67 since last October.told reporters that he could not rule out hiking stamp prices even higher as it faced the enormous burden of extra costs.
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