(Reuters) -Ofcom, Britain’s communications regulator, said it launched an investigation on Monday into Royal Mail’s failure to meet delivery targets over the past year, adding it would consider imposing a financial penalty. Royal Mail blamed union disputes that led to strikes for its failure to meet the targets for the …
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Royal Mail (LON: IDS) share price turned green on Monday after opening lower. The shares started the week from fresh monthly lows, but some buying pressure came as the day progressed. Till press time, the shares of International Distributions Services were trading 0.31% below their previous close. The UK shares …
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The World Socialist Web Site has received further write-ins from postal workers around the UK speaking out against the ramped-up exploitation being enforced through cost cutting revisions agreed between the Communication Workers Union (CWU) and Royal Mail. Mounting anger against these sweatshop conditions is fuelling intense opposition to the CWU’s …
Read More »A daily list of delivery offices facing delays on the Royal Mail website has been updated today, which has seen the Stanford-le-Hope delivery office remain on the list and South Ockendon added. Two south Essex postcode areas are facing delays due to this. READ MORE: On its website, Royal Mail …
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International Distribution Services (IDS) has announced that Royal Mail CEO, Simon Thompson, has informed the Board he intends to step down. This news comes shortly after IDS confirmed it had come to an agreement with the Communication Workers Union (CWU) over worker pay at Royal Mail. The Board is in …
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Communications regulatory body Ofcom has today announced that it is officially launching an investigation into Royal Mail as a result of it failing to meet its required targets for delivery performance, revealed this morning as it published its 2022-23 Quality of Service Report. Ofcom rules require Royal Mail to meet specific …
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Ofcom has launched an investigation into Royal Mail’s failure to meet delivery targets in the past year, according to the BBC. The postal delivery service fell short of its annual target in the 2022 to 2023 financial year. Only 73.7% of First Class mail was delivered to customers within one working …
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Royal Mail is facing a major investigation by an industry watchdog after failing to meet its delivery targets over the past year. The British postal giant fell short of its performance targets across the 2022 to 2023 financial year for first and second class mail and deliveries, following 18 days …
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Royal Mail is again being investigated by the communications regulator over its missed delivery targets. Ofcom announced the inquiry after Royal Mail said on Monday it did not meet its 2022 to 2023 quality of service targets. The targets require Royal Mail to deliver 93% of first-class mail within one …
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