The postal service is making an attempt to adapt as folks ship fewer letters and order extra packages (Image: PA)
Royal Mail might scrap signed-for parcels and Saturday letter deliveries in a bid to chop prices and compete with the likes of Amazon, Hermes and DPD.
The postal service is contemplating the adjustments as a part of a six-month assessment of its ‘complete product providing’.
At present Royal Mail, which was totally privatised in 2015, is required to ship letters for a set worth, six days per week below a common service obligation.
However with fewer and fewer folks sending letters, bosses argue this requirement is outdated and places them at an obstacle in opposition to its rivals.
As an alternative, the service is hoping to focus extra on parcel deliveries, which have boomed because of an increase in on-line procuring in the course of the pandemic.
Nonetheless, Royal Mail bosses are considered taking a look at plans to scrap tracked and signed-for packages as a result of they’re costly to ship.
The Communication Employees Union says scaling again letter deliveries can be ‘unforgivable’ (Image: PA)
Clients are more and more completely happy for parcels to be left with a neighbour or in a protected place, the Telegraph reviews.
Royal Mail’s assessment has been launched by Royal Mail’s new CEO Simon Thompson, a former govt at Apple and Ocado.
Communications regulator Ofcom says it’s in favour of plans to scrap Saturday letter deliveries in precept.
The change might save Royal Mail between £125million and £225million and would nonetheless meet client wants, it added.
However the regulator mentioned any determination on altering the common service obligation can be all the way down to MPs.
Not everyone seems to be in favour of the proposed adjustments, together with the Communication Employees Union.
It says cuts to letter deliveries can be ‘unforgivable’ and fears scaling again of companies would lead to job losses.
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