Dec 2 (Reuters) – Britain’s communications regulator Ofcom said on Friday that Royal Mail had failed to meet several of its annual delivery targets for 2021-2022, warning the post and parcel firm that it cannot use a hit from the pandemic as an excuse anymore.
The watchdog, in its conclusion of a probe launched in May, said that performance at Royal Mail, owned by International Distributions Services Plc , also fell “well short of where it should be” in the early part of the 2022-23 period.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Shounak Dasgupta)
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