UK regulator starts probe into Royal Mail's delivery performance
23/05/2025 13:29
May 23 (Reuters) - British regulator Ofcom said on Friday it would investigate whether there were reasonable grounds for believing that postal company Royal Mail has failed to comply with its service obligations in 2024/25. The investigation comes after Royal Mail said that 76.5% of first class mail arrived within one working day, and 92.2% of second class mail were delivered within three days - both below the targets set by the watchdog, which oversees postal services. (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Shailesh Kuber) ((DhanushVignesh.Babu@thomsonreuters.com;))
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