POST on a Saturday might quickly turn into a factor of the previous after regulators really useful that letter deliveries be reduce from six days per week to 5.
Regulator Ofcom has carried out a complete evaluate of the wants of postal customers throughout the UK as letter volumes fall whereas these of parcels rise amid the net buying growth.
Publish deliveries might quickly be reduce from six days per week to 5Credit score: PA:Press Affiliation
Its examine discovered that delivering letters on Monday to Friday would nonetheless meet the overwhelming majority of postal customers’ “cheap wants”.
The transfer would additionally save Royal Mail as much as £225 million a 12 months and assist it modernise.
It might in the end be for Parliament to resolve whether or not this variation is required.
Ofcom warned: “Except Royal Mail can modernise its community to adapt to parcel prospects’ altering wants, and function extra effectively, the sustainability of the common service might be in danger in the long run.”
Underneath present laws, the common postal service requires Royal Mail to ship letters six days per week (Monday to Saturday) and parcels 5 days per week (Monday to Friday) to each handle within the UK, at a uniform worth.
Keith Williams, interim govt chairman of the Royal Mail Group, stated: “To remain related and sustainable, the common service should adapt to life within the twenty first century.”
The transfer would save Royal Mail as much as £225million a 12 monthsCredit score: AFP or licensors
The variety of letters individuals ship and obtain has fallen by round 5% annually since 2015, as individuals more and more depend on e mail and different on-line communications.
Progress in on-line buying has seen parcel volumes enhance at a price of round 10% a 12 months since 2015, and these developments appear to have accelerated throughout the coronavirus pandemic, with Royal Mail reporting a 31% enhance in its UK parcel volumes between April and September this 12 months, stated the report.
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