What to know about the Royal Mail changes effective from now
Royal Mail have made changes to delivery time targets (Reuters)
Major changes to Royal Mail's delivery services have commenced, allowing second-class letters to be delivered on alternate weekdays and no longer on Saturdays.
Delivery targets for both first and second-class post have been relaxed, though Ofcom has introduced a new enforceable backstop to ensure 99% of mail arrives within two days of the target.
Regulator Ofcom states these reforms are crucial for Royal Mail's survival, aiming to cut annual costs by £250 million to £425 million due to declining letter volumes.
The changes follow Royal Mail's £348 million loss in 2023-24 and recent fines for poor performance, with a review into stamp prices also planned.
While criticised by consumer and business groups, the overhaul comes after Czech billionaire Daniel Kretinsky's EP Group completed its £3.6 billion takeover of Royal Mail owner IDS.