Former Post Office Minister Paul Scully has warned that Royal Mail is facing "tough times" after the postal service was hit with a £10.5million fine from Ofcom.

The penalty was imposed after Britain's national postal service failed to meet its delivery targets in the 2023-2024 financial year.

Former Post Office Minister Paul Scully has warned that Royal Mail is facing "tough times" after the postal service was hit with a £10.5million fine from Ofcom.The penalty was imposed after Britain's national postal service failed to meet its delivery targets in the 2023-2024 financial year.FULL STO...{ai:summary}<p>Royal Mail is facing significant challenges, having been fined £10.5 million by Ofcom for not meeting delivery targets in the 2023-2024 financial year. Former Post Office Minister Paul Scully highlighted the tough times ahead for the postal service. </p><p>#economy</p>

Royal Mail 'must modernise' to sustain a 'bright future', Scully claims

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