Royal Mail owner proposes second-class post deliveries every other weekday

IDS says it could cut nearly 1,000 jobs and save £300m a year while maintaining Monday-to-Saturday first-class service The owner of Royal Mail has asked the industry regulator to let it reduce deliveries of second-class letters to just two or three days a week, cutting nearly 1,000 jobs and saving £300m a year in the process. Responding to Ofcom’s consultation on reforming the universal service rules amid declining letter volumes, International Distributions Services (IDS) proposed paring back the daily Monday-to-Saturday …