answer text |
<p> </p><p>None.</p><p> </p><p>Under the Postal Services Act 2011, Parliament gave
Ofcom the primary duty to secure the ongoing provision of the universal service and
to this end Ofcom must also have regard for the provision of a universal service to
be financially sustainable.</p><p> </p><p> </p><p> </p><p>Ofcom monitors market developments,
including any impacts on Royal Mail's performance and operational efficiency, and
has the regulatory powers and tools to intervene if the sustainability of the universal
service is ever at risk.</p><p> </p><p> </p><p> </p><p>As part of its monitoring regime,
Ofcom publishes a report every year on Royal Mail's performance and the postal market,
and this includes an update on the financial sustainability of the universal service.
More information about Ofcom's regulatory regime can be found on its website (<a href="http://www.ofcom.org.uk/"
target="_blank">www.ofcom.org.uk</a>).</p><p> </p><p> </p><p> </p>
|
|