Why millions of letters could soon take even longer to arrive via Royal Mail

Why millions of letters could soon take even longer to arrive via Royal Mail By Jessica Clark Updated: 07:49, 27 October 2024 e-mail View comments Czech billionaire Daniel Kretinsky looks set to buy Royal Mail owner International Distribution Services, pending a national security probe Royal Mail will take longer to deliver millions of business letters as part of a trial ahead of official changes to regulations. The Ofcom watchdog will consult on an overhaul of postal services next year, including plans to cut second-class deliveries to every other working day. But Royal Mail is preparing to introduce changes for bulk letters, such as bills, bank statements and some NHS letters, ahead of that.

It comes at a critical time for Royal Mail's owner International Distribution Services, which is being bought by Czech billionaire Daniel Kretinsky. RELATED ARTICLES Previous 1 Next Invoke the Security & Investment Act to stop this terrible..



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. Share this article Share The sale is being investigated under national security legislation. Royal Mail must deliver letters six days a week to 32million homes for the fixed price of a stamp, under the Universal Service Obligation.

The postal service has been lobbying for a change for four years, saying the commitment costs it £2million a day. Under rules being looked at by Ofcom, homes would receive second-class post on Monday, Wednesday and Friday one week, then Tuesday and Thursday the next, with the letters arriving within three working days. However, Royal Mail is planning to launch the changes for bulk business letters before Ofcom's ruling to give customers more time to prepare.

The current service, which sees second-class letters delivered within two days and includes Saturdays, will be phased out if Ofcom gives the go-ahead in early 2025 for the changes to go ahead later that year. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission.

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