Regulators say
The Royal Mail should only distribute the second class letters on the day of the day to “protect” the future of the UK postal industry, the industry regulator has proposed.
Tomcom said that universal service liability (UsO) should be improved as people send less letters every year but stamp prices continue to rise.
One-Prius-Gauz-Even at the same time the USO means that the Royal Mail is to be six days a week, Monday to Saturday, and on Monday to Friday five.
Tomcom said that the Royal Mail should continue to distribute first class letters six days a week, but will be limited to the second class alternative workday and not on Saturday.
Natalie Black, director of the group for network and communication, said, “The world has changed, we are sending a third letter 20 years ago.”
“We need to improve the postal service to protect our future and ensure that it distributes to the entire Britain.”
The number of Royal Mail delivery has fallen from a 20 billion summit in 2004-05, which has increased to 6.6 billion last year.
However, the price of tickets has continued to increase. Since 2022, the Royal Mail has increased the cost of the first class stamp five times from 85p to £ 1.65.
It has increased the cost of a second class stamp from 66p to 85p in the same period.
Tomcom said that changes in second class delivery could save the Royal mail that causes losses between £ 250m and £ 425m.
“This may be able to improve it and re -prepare existing resources in development areas such as parcel,” said this.
After the Labor Government approved the deal last year, Royal Mail’s original company Czech billionaire Daniel Cretinsky is being sold to a controlled business in a £ 3.6BN deal.
The government will maintain a “Golden Share”, which means that Mr. Cretinsky’s business will have to receive approval for the ownership of the Royal Mail, the location of its headquarters and any change of its tax residence.
The Royal Mail should also follow the USO, which Mr. Cretinsky has promised to “unless I am alive”.
