An Ofcom spokesperson stated: “We shall be inviting views on this, not consulting on particular proposals. It could in the end be for the UK authorities and parliament to find out whether or not any adjustments are wanted to the minimal necessities of the common service.”
It comes after Royal Mail posted a £319m loss for the primary half of this monetary 12 months and known as for a discount in postal deliveries to simply 5 days per week between Monday and Friday.
The service blamed a requirment to ship letters six days per week for rising stamp costs as inflicting the rise in every day prices.
Final summer time the federal government denied its request to cease delivering submit on Saturdays – a transfer which might have wanted approval by MPs.
Asserting the evaluation, Ofcom stated: “The previous couple of years have demonstrated the significance of postal providers, however the best way individuals use them is altering, and we count on these developments to proceed.”
It added that the variety of letters despatched and acquired had declined 46 per cent during the last decade, as individuals and companies moved to digital options. With the decline within the variety of letters delivered every day it stated “the price of supply is rising”.
Martin Seidenberg, the chief government of Royal Mail’s house owners, Worldwide Distribution Companies, stated in its buying and selling assertion this week: “With Ofcom on account of publish choices for the way forward for the common service imminently, now’s the time for pressing motion.
“We’re doing all we are able to to rework, however it’s merely not sustainable to take care of a supply community constructed for 20bn letters once we at the moment are solely delivering 7bn.”