The future of the Postal Service’s Universal Service Obligation (USO) is one of the biggest live debates in the postal world. Already this year it has drawn a lot of attention with Post Danmark dropping its USO on the 1st of January, Royal Mail declaring “urgent action’ is needed to ensure the sustainability of postal services and UK regulator Ofcom requesting a national debate on the subject.
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The universal postal service risks becoming unsustainable as people send fewer letters and receive more parcels, meaning reform is necessary to secure its long-term future, according to evidence set out by Ofcom today.
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International Distributions Services plc (IDS.L) has provided an update on trading for the nine months to the end of December 2023, revealing marked improvement in Royal Mail’s Christmas performance – on track to meet Full Year guidance.
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On Tuesday 2 January 2024 – Takeback Tuesday – returns of online purchases are predicted to increase by 52 per cent compared to the average number of return parcels per day in December, according to Royal Mail.
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More than 2,000 Royal Mail colleagues from office-based roles will support postmen and women on their rounds during December as the company pulls out all the stops to deliver for the nation this Christmas.
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