The UK’s postal regulator has proposed easing the Royal Mail’s obligations, allowing the company to make fewer deliveries as the group prepares for new ownership under Czech billionaire Daniel Křetínský.

Britain's Ofcom has proposed changes to Royal Mail's obligations including so-called second-class letters delivered on alternate weekdays instead of Saturdays, the regulator said on Thursday. The Royal Mail,

The communications watchdog says its research shows people are more willing to accept reduced quality service than price rises to fund better services, and want reliability and affordability more than they want speed.