• 9 months ago
Royal Mail has received criticism after revealing that certain types of post could be delayed by one day as part of new cost cutting measures. So what exactly could this mean for you if the plans do go ahead? Here's everything we know about the situation so far.

In November, Royal Mail revealed a half year loss of three hundred and nineteen million pounds. As part of cost cutting measures, regulator OfCom has said that it could be possible to delay deliveries that would usually be delivered within two days by one day, meaning some post would then take three days to get to the recipient instead of two.

Items that would be impacted are those referred to as bulk items, and include things such as hospital appointments, court documents and fines. Royal Mail said: “Ofcom’s report demonstrates reform is urgently needed to protect the one-price-goes-anywhere Universal Service."

The postal service was privatised back in twenty thirteen and has frequently struggled to meet its government imposed obligation to deliver to over 30 million premises, six days a week. Royal Mail boss Martin Seidenberg said they are considering the options put forward in Ofcom’s report.

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Transcript
00:00 In November, Royal Mail revealed a half a year loss of £319m.
00:06 As part of cost-cutting measures, regulator Ofcom has said that it could be possible to delay deliveries
00:12 that would usually be delivered within two days by one day,
00:16 meaning some posts would then take three days to get to the recipient instead of two.
00:21 Items that would be impacted are those referred to as 'bulk items'
00:26 and include things such as hospital appointments, court documents and fines.
00:31 Royal Mail said Ofcom's report demonstrates reform is urgently needed
00:35 to protect the one price goes anywhere universal service.
00:39 The postal service was privatised back in 2013 and has frequently struggled to meet
00:45 its government-imposed obligation to deliver to over 30 million premises six days a week.
00:51 Royal Mail boss Martin Seidenberg said they are considering the options put forward in Ofcom's report.
00:59 [BLANK_AUDIO]

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