{"id":98772,"date":"2025-10-16T04:38:00","date_gmt":"2025-10-16T04:38:00","guid":{"rendered":"https:\/\/sotnews.agency\/?p=98772"},"modified":"2025-10-16T04:38:00","modified_gmt":"2025-10-16T04:38:00","slug":"uk-regulator-fines-royal-mail-record-28-million-for-missing-delivery-targets","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=98772","title":{"rendered":"UK regulator fines Royal Mail record $28 million for missing delivery targets"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 12 Second                <\/div>\n\n            <\/div><div>\n<p>Britain\u2019s telecom and media regulator on Wednesday fined Royal Mail \u00a321 million ($28.1 million), its largest penalty to date on the post and parcel group, for missing delivery targets for 2024\u201325.<\/p>\n<p>The more than 500-year-old Royal Mail, whose iconic red post boxes with the Royal Crest dot Britain, has been trying to modernise operations to boost volumes, while the regulator, Ofcom, too, has revised some of its targets to prevent delays.<\/p>\n<p>The group has missed delivery targets for at least seven years now. This is Ofcom\u2019s third consecutive annual penalty on the company, after it fined 5.6 million pounds for 2022-23 and 10.5 million pounds for 2023-24. The regulator did not levy any penalties on Royal Mail during the COVID-19 pandemic.<\/p>\n<p>Ofcom on Wednesday also warned that the levies are likely to continue unless improvements are made by Royal Mail.<\/p>\n<p>\u201cMillions of important letters are arriving late, and people aren\u2019t getting what they pay for when they buy a stamp,\u201d Ian Strawhorne, director of enforcement at Ofcom, said in a statement, adding that the repeated failures were \u201cunacceptable.\u201d<\/p>\n<p>Royal Mail acknowledged the regulator\u2019s decision in a separate statement and said the pilot changes it has implemented to its \u201cUniversal Service\u201d model have shown positive results.<\/p>\n<p>Royal Mail is owned by International Distribution Services, which was taken private after its takeover by Czech billionaire Daniel Kretinsky.<\/p>\n<\/div>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n              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2024\u201325.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1910,10,9,10579],"tags":[],"class_list":["post-98772","post","type-post","status-publish","format-standard","hentry","category-international","category-politics","category-popular","category-royal-mail"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/98772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98772"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/98772\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}