2. Royal Mail fined £10.5mln for failing to hit delivery targets. According to Ofcom, Royal Mail delivered 74.7% of First Class mail and 92.7% … Source link
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Former Post Office Minister Paul Scully has warned that Royal Mail is facing “tough times” after the postal service was hit with a £10.5million fine from Ofcom. The penalty was imposed after Britain’s national postal service failed to meet its delivery targets in the 2023-2024 financial year. This marks the …
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Read More »Ofcom fines Royal Mail £10.5m for poor delivery performance
Ofcom has fined Royal Mail £10.5m for failing to meet its First and Second Class delivery targets in the 2023/24 financial year. Announced this morning (13 December), the fine is the second time Ofcom has found Royal Mail in breach of its regulatory obligations in recent years, after the lower £5.6m …
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Read More »Royal Mail fined record £10.5m for late deliveries
Royal Mail has been fined a record £10.5 million by the postal regulator after delivering more than a quarter of first-class letters late. Ofcom said that the company failed to meet its obligations to handle letters swiftly enough, marking the second financial penalty it has faced in just over a …
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Read More »Royal Mail fined £10.5m for poor delivery performance
Ofcom issued the second fine in just over a year to the postal service after Royal Mail failed to improve service levels. Royal Mail failed to meet its first- and second-class delivery targets in the 2023/24 financial year. Just 74.7% of first-class mail and 92.7% of second-class mail was delivered …
Read More »Ofcom fines Royal Mail £10.5m for missing delivery targets
Royal Mail vans Image: Rui Vieira Regulator Ofcom has fined Royal Mail £10.5 million for missing its post delivery targets in the 2023-2024 financial year. The fine is the second in two years, after the watchdog also gave Royal Mail a £5.6 million penalty in November 2023. Royal Mail said …
Read More »Royal Mail fined £10.5m for missing delivery targets
PA Media Royal Mail has been fined £10.5m by the regulator Ofcom for failing to meet delivery targets for first and second class mail. The fine is almost double the penalty the company was hit with last year for the same reason. Ofcom said Royal Mail’s poor service was “now …
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