Nov 27, 2020

Royal Mail could save £225m by cutting Saturday post, regulator says

At present, Royal Mail's universal service obligation means it has to deliver letters for six days per week and parcels for five days. Keith Williams, interim executive chairman of the Royal Mail Group, said the universal service "Remains vitally important" even though letter volumes have fallen by around a third in the past six months. "A six-day universal service remains essential to the UK and we should be looking at building new products and services into it to support its long-term sustainability rather than managing its decline." Citizens Advice said the Royal Mail was "a vital public service and the universal service obligation is the safety net that protects it for everyone". "A government spokesman said:"The universal service obligation, which currently sets out that Royal Mail must deliver letters six days a week, is set out in legislation.

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