The Royal Mail has proposed keeping its six-day, first-class delivery of post – but delivering second-class mail only every other weekday.
The move follows Ofcom calling for the company to change how services will better suit the needs of the public.
Royal Mail says that the suggested plans would give it a “fighting chance” to change and keep its “universal service”.
The company has said parcels would still be delivered seven days a week.
Royal Mail said there would be “fewer than 1,000” voluntary redundancies and it expects no compulsory redundancies as part of the proposed overhaul which will target savings of £300m a year and wants the watchdog to introduce changes by April 2025.
However the plans have been criticised.The Federation of Small Business say the proposals to cut daily second class postal deliveries are too drastic, and would hit the many small firms that rely on it
