Royal Mail’s Net-Zero and near-term targets have been validated by the Science Based Targets initiative (SBTi). SBTi has validated that the corporate greenhouse gas emissions reduction targets submitted by Royal Mail are in line with the latest climate science to limit global warming to 1.5°C above pre-industrial levels. The targets are part of Royal Mail’s Steps …
Read More »A book of first-class stamps will cost £10 after Royal Mail raised prices for the second time in six months, despite failing to hit its delivery targets. Yesterday the company announced that it would increase the price of a first-class stamp from £1.10 to £1.25 from October 2, a rise …
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Royal Mail is agitating to end Saturday deliveries as it hits customers with yet another increase in the price of First Class stamps. The move would fundamentally change the 500-year-old postal service, which is currently obligated to deliver letters to every address six days a week. There are fears that …
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From 2 October 2023, the price of First Class stamps will increase by 15p to £1.25 due to increasing cost pressures, the challenging economic environment, and the lack of reform of the Universal Service Obligation (USO) despite the significant structural decline in letter volumes. The price of Second Class stamps …
Read More »Royal Mail would prefer not to deliver letters on Saturdays, a plea that would be more powerful if the company could get vaguely close to hitting the performance standards currently expected of it. The postal service was miles off last year. Only 74% of first-class letters were delivered on time, …
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In a letter to the Business Select Committee in June, he wrote: “The ability to send and receive letters and parcels is important both socially and economically. This is particularly true for consumers who might be more vulnerable.” Ofcom will publish evidence later in the year on how demand is …
Read More »Royal Mail is hoping to end Saturday letter deliveries after the postal regulator called for evidence on how its services might change as the popularity of paper post continues to fall. Ofcom, which has previously estimated Royal Mail could save up to £225m annually by dropping Saturday delivery and conducted …
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Royal Mail has announced the price of a first-class stamp for standard size letters will increase from £1.10 to £1.25, with the increase set to come into force from October 2 Royal Mail is upping stamp prices again from next month ( Image: Getty Images/iStockphoto) Royal Mail has confirmed the …
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International Distributions Services (LON: IDS) share price tilted upwards on Tuesday after a piece of good news from the UK. The stock rose to a high of 240p, a few points above this week’s low of 234p. Good news for Royal Mail IDS, Royal Mail’s parent company, has been a …
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Hundreds of Windsor residents are rallying to keep their beloved postman, who’s due to be this week, after 14 years of serving the community. When Lois Shields, of Arthur Road, expressed her disappointment of postman Phil Thorn being moved to a different postal route on Facebook, the news ‘spread like …
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