By ANDY JEHRING Published: 19:04 EST, 13 December 2024 | Updated: 20:39 EST, 13 December 2024 The Royal Mail is struggling with festive demand as workers claim it prioritises Amazon Prime over cards and hospital scans. Posties say sorting offices are the ‘worst in decades’ with letters piling up as …
Read More »UK’s Royal Mail hit with fine by regulator over delivery delays |
UK postal operator Royal Mail has been fined £10.5 million ($13.3 million) for delays in delivering mail for the 2023/2024 financial year, Britain’s communications regulator Ofcom said Friday. The fine is nearly double the penalty given to it by the watchdog last year, as the UK’s struggling postal service has …
Read More »FTSE 100 Live 13 December: GDP shows surprise fall, Royal Mail fined £10.5m
Another dip in UK output today added pressure on the Bank of England to consider a back-to-back cut in interest rates. Source link
Read More »Ofcom fines Royal Mail £10.5m for late deliveries
Royal Mail only delivered 74.7% of first-class mail on time last year Ofcom previously fined Royal Mail £5.6m for falling short of its targets By HARRY WISE Updated: 07:22 EST, 13 December 2024 Britain’s communications regulator has slapped Royal Mail with a fine for late deliveries for the second time …
Read More »UK’s Royal Mail hit with fine by regulator over delivery delays
UK’s Royal Mail hit with fine by regulator over delivery delays LONDON, Dec 13, 2024 (BSS/AFP) – UK postal operator Royal Mail has been fined o10.5 million ($13.3 million) for delays in delivering mail for the 2023/2024 financial year, Britain’s communications regulator Ofcom said Friday. The fine is nearly double …
Read More »Watchdog fines Royal Mail £10.5m as CWU warns service run-down is ‘deliberate’
ROYAL MAIL’S £10.5 million fine for missing its postal delivery targets in 2023/24 is the “direct result of the deliberate and sustained dismantling of postal services,” the Communication Workers Union (CWU) said today. Regulator Ofcom made the fine — which comes after it issued a £5.6 million penalty in November 2023 — after just under three-quarters …
Read More »FIVE at FIVE: GDP, FTSE 100 dip; Royal Mail fined; BT, Vodafone fees cut; Barclays mortgage cuts
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
Read More »Royal Mail warned of ‘tough times’ by former minister after being handed £10m fine: ‘It’s a slippery slope’
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 …
Read More »Uber, Broadcom, Costco, Royal Mail and Boohoo
Shares in ride-hailing company Uber closed Thursday’s session flat after the stock tumbled in the previous session. The stock was down in Wednesday’s trading session following an announcement from General Motors (GM) that it was pulling the plug on its robotaxi project Cruise. Back in August, Uber announced a partnership …
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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