Royal Mail has been fined £10.5m by Ofcom for missing delivery targets for first and second class mail, almost double the previous penalty. Despite reforms, poor service has led to erosion of public trust in the institution. Ofcom has urged Royal Mail to improve its performance, as millions of letters are arriving late, impacting customers’ expectations and services.
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Who has a deal, who doesn’t? The state of play on eve of Trump’s tariffs | Business and Economy News
Global trade markets are tense as the U.S. prepares to impose reciprocal tariffs by the August 1 deadline, with President Trump rejecting any extensions. Tariffs, ranging from 15% to over 50% on various imports, aim to correct trade imbalances and have led to last-minute agreements with countries like the EU and Japan to avoid harsher penalties. Want More Context? 🔎
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