By Emer Scully For Mailonline
Published: 09:02 BST, 9 September 2020 | Updated: 09:02 BST, 9 September 2020
Royal Mail could stop delivering letters on Saturdays after seeing a 1.1 billion drop in demand year-on-year, the UK postal service has revealed.
It has faced resistance over plans to deliver fewer letters and refocus its energy on its parcel delivery service - which has boomed during lockdown.
After thousands of customer surveys and hundreds of staff meetings Royal Mail has discovered there's still a demand for an affordable next-day letters service, especially from businesses Monday to Friday.
But the Saturday service is not considered a 'core offering' and could be scrapped amid plans to expand on profits made during a boost to online shopping amid coronavirus lockdown.
Royal Mail has faced resistance over plans to deliver fewer letters and refocus its energy on its parcel delivery service - which has boomed during lockdown. Pictured, a postman in Manchester on April 8
Its delivery vans took 177m more parcels to front doors as the lockdown sparked a boom in online shopping.
Shares soared by 25 per cent, or 43.7p, to 218.3p as the dramatic increase in parcel deliveries pushed up revenues by £139million.
The postal service has seen a 1.1billion drop in demand for letters year-on-year in the five months to the end of August.
During an annual shareholders meeting yesterday a seven-day parcel delivery service was discussed.
'This does not mean following other countries such as New Zealand or Italy that have reduced letters delivery to three days a week in some areas,' Keith Williams, interim executive chairman