*** SLOWER THAN NORMAL POSTAL TIMES BEING EXPERIENCED ***
Royal Mail fined £5.6m for missing delivery targets
Under Ofcom's rules, Royal Mail has to deliver 93% of first class mail within one working day and 98.5% of second class mail within three working days.
But
in 2022-23, Royal Mail only delivered 73.7% of first class mail on time and 90.7% of second class mail on time.
Ofcom said in May that it would investigate Royal Mail's performance, to consider whether any "exceptional events" explained why Royal Mail had fallen short.