Royal Mail raises concerns over proposed Ofcom changes
09/04/2025 09:19
April 9 (Reuters) - International Distribution Services IDSI.L on Wednesday said Royal Mail was concerned that regulator Ofcom's proposed changes to the universal service obligaiton and new reliability targets could add significant costs. The Royal Mail, which has been trying to transform and modernise its business as it shifts its focus to parcels, has a legal obligation to deliver letters Monday through Saturday and parcels Monday to Friday as well as offer two delivery speeds - first class for next day and second class for within three days. (Reporting by Chandini Monnappa in Bengaluru; Editing by Mrigank Dhaniwala) ((Chandini.M@thomsonreuters.com; +918061822697;))
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