Royal Mail fined £21m after nearly a quarter of first-class post was late
NegativeFinancial Markets

Royal Mail has been hit with a hefty £21 million fine after reports revealed that nearly a quarter of its first-class mail was delivered late. This marks the third-largest penalty ever imposed by the communications watchdog, highlighting significant issues within the postal service. The fine not only reflects the company's struggles to meet delivery standards but also raises concerns about the reliability of mail services, which are crucial for both individuals and businesses.
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