Close Menu
KumbhCoinorg
    What's Hot

    Make it Large

    October 5, 2026

    Top 5 highest individual scores in India vs West Indies T20I series ft. Rohit Sharma

    October 5, 2026

    Easton Cowan’s Stock Is Going Up

    October 5, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Make it Large
    • Top 5 highest individual scores in India vs West Indies T20I series ft. Rohit Sharma
    • Easton Cowan’s Stock Is Going Up
    • Andrew Griffith to unveil Tory plans to cut taxes and regulations
    • Will Global Liquidity Send Bitcoin Higher In 2027?
    • Rachel Jupp is a bold choice for BBC News chief, says Katie Razzall
    • Crypto and the Modern Sports Fan: Betting, Gaming and Digital Payments
    • Diego Forlan returns to Kolkata, India looking to instil his managerial philosophy | Football News
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Monday, October 5
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Market News»Royal Mail misses delivery targets again but hails ‘encouraging’ signs
    Market News

    Royal Mail misses delivery targets again but hails ‘encouraging’ signs

    kumbhorgBy kumbhorgAugust 21, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Royal Mail misses delivery targets again but hails ‘encouraging’ signs
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Royal Mail has once again missed its delivery targets for first and second class post, but said it is making progress towards the goals as its turnaround plan continues.

    The postal service delivered 85% of first class deliveries the next day between March and June, up from 76% in the same three months of 2025, but below regulator Ofcom’s 90% target.

    Second class mail was delivered within three days 91% of the time, another improvement from the previous year, but short of Ofcom’s 95% target.

    Royal Mail said the results are “encouraging and show that the work we are doing to improve the service is having an impact”.

    Royal Mail, which is owned by International Distribution Services (IDS), has struggled with rising competition in the delivery market, fewer people sending letters and fines from the regulator for missing targets in recent years.

    But it said that, compared with the same period last year, the portion of first class mail delivered next-day had risen significantly while the amount of second class mail delivered within three days had improved slightly.

    Chief operating officer Jamie Stephenson said: “These results are encouraging and show that the work we are doing to improve the service is having an impact.

    “First Class performance is well ahead of where we expected to be at this stage of our Improvement Plan, while Second Class is tracking in line with the plan.”

    Stephenson added that there is “more to do”, pointing to a £500m investment plan to improve the firm over the next five years. The plan includes a commitment to meet Ofcom’s delivery targets by May 2027.

    The postal service has faced years of criticism from politicians and the public over the slowness of its letter delivery.

    It is currently under investigation by Ofcom for the second year running for failure to meet its delivery targets.

    The regulator fined it a record £21m in October last year for missing targets in 2024-25.

    In March, postal workers from across the UK told the BBC they were being asked to move or hide mail from senior bosses so it looks like delivery targets were being met.

    The firm apologised to Gloucester residents where post was sometimes delayed for months, admitting its service there was “totally unacceptable”.

    Most recently, people in Worcestershire hit out over postal delays, complaining of weeks-long delays for important post to arrive, with some missing hospital appointments.

    Royal Mail recently said it aims to meet regulator Ofcom’s targets by May 2027 as part of a turnaround plan costing around £500m in the next five years.

    “We know there is more to do,” Stephenson wrote in a statement. “We are investing £500 million over five years and making significant changes across our network… None of this progress would be possible without the continued hard work of our frontline colleagues, including through the recent extreme heat.”

    IDS was bought in 2025 by Czech billionaire Daniel Kretinsky.

    delivery Encouraging hails Mail misses Royal Signs Targets
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWhat The Coldcard Failure Teaches About Bitcoin Software Incentives
    Next Article Offseason Questions, Unfinished Stories and Speculation
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Stock Market Updates

    Make it Large

    By kumbhorgOctober 5, 2026
    Market News

    Andrew Griffith to unveil Tory plans to cut taxes and regulations

    By kumbhorgOctober 5, 2026
    Bitcoin & Altcoins

    NEAR ETF Draws $35.5M as Proposal Targets Lower Inflation

    By kumbhorgOctober 5, 2026
    Stock Market Updates

    India’s CEO Factories

    By kumbhorgOctober 5, 2026
    Market News

    Trump unveils ‘Super Intelligence Force’ to oversee AI policy

    By kumbhorgOctober 5, 2026
    Market News

    Cost of living: Energy price hikes in Northern Ireland add to mounting financial pressure

    By kumbhorgOctober 4, 2026
    Add A Comment

    Comments are closed.

    Don't Miss

    Make it Large

    By kumbhorgOctober 5, 2026

    Source: Mint

    Top 5 highest individual scores in India vs West Indies T20I series ft. Rohit Sharma

    October 5, 2026

    Easton Cowan’s Stock Is Going Up

    October 5, 2026

    Andrew Griffith to unveil Tory plans to cut taxes and regulations

    October 5, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025176 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202548 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202533 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    Make it Large

    October 5, 2026

    Top 5 highest individual scores in India vs West Indies T20I series ft. Rohit Sharma

    October 5, 2026

    Easton Cowan’s Stock Is Going Up

    October 5, 2026
    Most Popular

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views

    Fastest Growing Cryptocurrency

    January 22, 20250 Views

    Indore Garland seller, dubbed “Mona Lisa” harassed at Mahakumbh, returns home – Life & Style

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.