Royal Mail (RMG) Delivery Performance Drops to 75.7% On-Time

Published on · Source: bbc.com

Royal Mail (RMG) Delivery Performance Drops to 75.7% On-Time

AI Summary

Summarized by AI from the source below

Royal Mail (RMG) reported that only 75.7% of first class letters were delivered on time for the year ending March, falling short of its 93% target. In comparison, the previous year’s figure was 76.9%. Royal Mail is investing £500 million over five years to improve its service, with new targets set at 90% for first class and 95% for second class letters. Ofcom expressed concern and is expected to open an investigation into Royal Mail's performance, highlighting ongoing issues with delivery reliability.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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