[ad_1] Royal Mail has been fined £10.5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year. The penalty was nearly double last year’s fine of £5.6m for failing to meet obligations under the Universal Service Obligation. Under Ofcom’s standards, International Distribution Services subsidiary…
[ad_1] Royal Mail has been fined more than £10m by the postal regulator for missing its delivery targets, with more than a quarter of first-class mail arriving late. Ofcom, which fined the company £5.6m for the same failure of its regulatory obligations last November, said Royal Mail took “insufficient and ineffective steps” to improve its…
[ad_1] UK regulators have fined the UK's Royal Mail for poor performance for the second year running, adding to pressure on the postal services company … [ad_2] Source link
[ad_1] 13 December 2024, 08:16 | Updated: 13 December 2024, 09:29 It is the second fine Royal Mail has been issued in 13 months. Picture: Alamy Royal Mail has been fined £10.5 million for late deliveries this year, as less than 75% of post is delivered on time. Royal Mail has been fined for the…
[ad_1] Royal Mail has been fined £10.5m for missing postal delivery targets. Regulator Ofcom said 74.7% of first class mail and 92.7% of second class was delivered on time in 2023/24. The targets were 93% and 98.5%. It is the second time Ofcom has fined Royal Mail since the pandemic and it “needs to do…
[ad_1] News of the fine comes at a time when Royal Mail’s parent, IDS, is facing a probable takeover by the Czech billionaire Daniel Kretinsky’s EP Group. In recent years the business has struggled to make money. Its letters business has declined dramatically, with the volume being sent having halved since 2011. However, last month…
[ad_1] Blair McDougall, MP for East Renfrewshire, visited Newton Mearns Delivery Office this month to show his support for the postal workers in his constituency during Royal Mail’s busiest time of the year. Around twice as many parcels and letters are sent during the festive period compared with other months, as people shop for gifts…
[ad_1] The Station Road postal hub, serving Eastriggs, Gretna, and a vast rural area, was visited at dawn by David Mundell, the Dumfriesshire MP, and his son Oliver, the constituency MSP. Mr Mundell said: “Despite the changing landscape in technology and deliveries, Royal Mail and our posties have a special place in communities and our…
[ad_1] A pre-Christmas campaign from the Royal Mail is reminding dog owners to ensure that postal workers are protected from bites and other incidents on the doorstep. A mailer from the organisation consists of a warning to be placed on the front door of each house to alert postal and delivery workers that there is…
[ad_1] UK postal operator Royal Mail has launched its own parcel lockers to meet growing e-commerce demand, with an initial 250 lockers to be rolled out in early 2025. The first is now live outside the company’s historic Mount Pleasant mail center in London. The lockers are exclusively for Royal Mail customers and will offer…