Tag: Royal Mail

Royal Mail’s reliability improves – two per cent up on previous year

Royal Mail’s First Class service is at its most reliable for seven years.
Announcing quality of service results for the 02/03 financial year, the company said the performance of the First Class service improved cumulatively by nearly two per cent over the previous year. For the full year 2002/3 91.8 per cent of First Class letters were delivered next day compared with 89.9 per cent the year before. The licence issued by the regulator, Postcomm, sets a year-end target for the month of February and March. Performance in February and March was 91.7 per cent against a target of 92.5 per cent.

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UK postal service not good enough admit mail chiefs

Royal Mail bosses today said their service was “not good enough” after a watchdog revealed more than a million first-class letters fail to arrive on time every day. New performance figures for the period April 2002 to March 2003 showed Royal Mail had not met 80% of its delivery targets. The group’s chief executive, Adam Crozier, told Channel 4 News: “We are improving and we are getting better. However, it is absolutely not good enough. “We have a number of plans in place to solve this – it’s very important for our business and social customers that we do – and I’m confident that we can and will improve.” Royal Mail missed almost twice as many performance targets as last year, meeting only three of 16 set for the period.

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UK Royal Mail may face fine for failing targets

Royal Mail could face an unlimited fine for failing to meet 80 per cent of its delivery targets, it has emerged. The group failed nearly twice as many performance targets as last year, meeting only three out of 16 targets set for the period covering April 2002 to March 2003. According to Postwatch, the postal services watchdog, Royal Mail missed the minimum performance levels for the delivery of first and second class post and also failed to meet targets for its heavily advertised special delivery service. The poor record means that Postcomm, the postal regulator, could levy an unlimited fine on the company. “We will consider what action we will take, including financial penalties, at the next postal commissioner’s meeting,” Postcomm said.

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EU backs GBP450m government lifeline for UK rural post offices

More than 8,000 rural post offices appeared to have a brighter future yesterday when the European Commission approved a pounds 450m package of government subsidies to help keep the branches open. The Department of Trade and Industry announced its intention to hand over the cash over three years in December, but said the money would have to be given the go-ahead by Europe’s regulators for state aid. The subsidy had to be referred because it could give Post Office Limited an unfair advantage over other companies battling to break into the postal delivery market. The Commission ruled that the grant should be allowed because the Post Office is obliged by the Government to provide country-wide over-the- counter access to state benefits and other services.

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