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Ofcom makes progress on possible USO reform

A reduced Second Class postal service appears increasingly likely as Ofcom reports on its progress in reviewing potential reform of Royal Mail’s Universal Service Obligation. The regulator set out two primary options for modernisation of the USO at the beginning of the year, and has now assessed the responses and …

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Cuts to second-class letter deliveries

Second-class deliveries could no longer be delivered on Saturdays next year as part of reforms from the postal service’s regulator. First-class letters will still be delivered every day apart from Sunday, while second-class letters will continue to be delivered within three working days. The changes from Ofcom follow a consultation …

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Royal Mail to scrap second-class post on Saturdays

Royal Mail may end the delivery of second-class letters on Saturdays and only deliver them on alternative weekdays. under reforms being planned by Ofcom. The regulator considers the changes to the second-class service are needed as part of a review of the the Universal Service Obligation (USO) under which Royal …

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Royal Mail is close to getting the reform it craved. Shareholders should now oppose the Czech takeover bid | Nils Pratley

When the board of Royal Mail’s parent company rolled over in May and recommended a £3.6bn takeover offer from a Daniel Křetínský-led bid vehicle, one reason it gave was “significant uncertainty” around regulatory reform. That was a fair description at the time of Ofcom’s leisurely approach to reviewing the universal …

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