Ofcom: Royal Mail could cut services

DELIVERIES COULD BE REDUCED TO THREE DAYS A WEEK

ROYAL Mail could cut postal deliveries to as few as three days a week and save up to £650 million a year under options put forward to reform the service by the industry regulator.

In a long-awaited report, Ofcom outlined options for overhauling Britain’s universal postal service, warning that it risks becoming “unsustainable” without reform.

The regulator set out two possible proposals, including cutting Royal Mail’s letter delivery service from six days to five, or even three, a week.

It could save Royal Mail £100 million to £200 million if the service was cut to five days and £400 million to £650 million if it was reduced to three, according to Ofcom.