UK's Ofcom proposes changes to obligations on Royal Mail
30/01/2025 06:58
Jan 30 (Reuters) - British regulator Ofcom said on Thursday it has proposed changes to the obligations on Royal Mail that are expected to help the firm realise annual net cost savings of between 250 million pounds and 425 million pounds ($310.9 million-$528.5 million). ($1 = 0.8041 pounds) (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sonia Cheema) ((abyjose.koilparambil@thomsonreuters.com;))
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