The UK communications regulator Ofcom has approved Royal Mail's proposal to discontinue Saturday deliveries for second-class post starting July 28, 2025. This change is part of a broader reform aimed at addressing the financial challenges faced by Royal Mail’s loss-making letters service. Additionally, Ofcom plans to reduce service targets for first-class mail to help ensure the postal service's sustainability. The reforms include potential adjustments to weekday delivery schedules for second-class post. These measures are intended to improve Royal Mail's financial viability amid ongoing operational difficulties. The decision has implications for millions of customers who rely on second-class postal services. Meanwhile, discussions continue around the economic climate, with some economists declaring the cost of living crisis over, though many households report ongoing financial pressures. Separately, the UK government has indicated that the Post Office could transition to worker ownership, signaling further changes in the postal sector.
Join @darrenmccaffrey as we tackle the biggest business and economic stories... this morning, economists say the cost of living crisis is over, but we examine why many households disagree 🏠💰 Latest business news 👉 https://t.co/rXKaNflg0R https://t.co/oBt2g6PXKZ
Talk to economists and they will tell you that the cost of living crisis is over 📈📉 But is it really? Do you feel like the cost of living crisis is over?
Post Office could be owned by its workers, government says https://t.co/RlBVByaYFa