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Ofcom to Outline Potential Reforms for Royal Mail, Including Possible End of Saturday Deliveries

The review comes as Royal Mail faces financial losses and a decline in the number of letters sent, prompting calls for urgent reform.

  • Ofcom is set to publish a document outlining potential reforms for the Royal Mail, including the possibility of ending Saturday deliveries.
  • Royal Mail reported half-year losses of £319m and has been calling for urgent reform, including reducing postal deliveries to five days a week.
  • The number of letters sent and received has declined 46% over the last decade, leading to increasing delivery costs.
  • Royal Mail was fined £5.6m by Ofcom for failing to meet its first- and second-class delivery targets in the 2022-23 financial year.
  • Royal Mail's CEO suggested solutions including significantly increasing prices, seeking a government subsidy, or reforming the universal service to reflect current customer needs and market realities.
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