[ad_1] Britain’s telecom and media regulator on Wednesday fined Royal Mail £21 million ($28.1 million), its largest penalty to date on the post and parcel group, for missing delivery targets for 2024–25. The more than 500-year-old Royal Mail, whose iconic red post boxes with the Royal Crest dot Britain, has been trying to modernise operations…

[ad_1] More here: https://www. manchestereveningnews.co.uk/news/uk- news/royal–mail-fined-21m-watchdog- 32678931?utm_medium=Social&utm_sourc … [ad_2] Source link

[ad_1] This fine is the third-largest ever imposed by the communications watchdog. Royal Mail delivered 77% of first class mail and 92.5% of second class mail on time during the 2024-25 financial year, Ofcom found. This was short of the delivery giant’s respective 93% and 98.5% targets. Royal Mail fined £21 million for missing delivery…

[ad_1] Ofcom has handed Royal Mail the third largest fine it has ever imposed and has told the postal operator it must urgently publish – and more importantly deliver – a “credible improvement plan”. It’s the third year running that Royal Mail has been fined for missing its delivery targets.  Ofcom said the fine this…

[ad_1] ROYAL MAIL was slapped with a £21 million Ofcom fine today after missing its delivery targets for first and second-class post once more. The company has obligations under its licence to deliver 93 per cent of first-class mail the next working day, and 98.5 per cent of second-class items within three working days, but…

[ad_1] It represents the third-largest fine ever imposed by the communications watchdog. Royal Mail delivered 77% of first class mail and 92.5% of second class mail on time during the 2024-25 financial year, Ofcom found. This was short of its respective 93% and 98.5% targets. It is the third year in a row that the…

[ad_1] Royal Mail has been fined £21m for failing to meet its delivery targets for the third year in a row and has been warned that fines are likely to … [ad_2] Source link