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Czech Billionaire Defends Royal Mail Amid Delivery Issues

3/25/2026

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Summary

Story summary

Czech billionaire Daniel Kretínský defended Royal Mail's service amid late deliveries and price hikes.
Kretínský attributed delays to high UK expectations for next-day delivery at low prices since the £3.6bn acquisition.
Kretínský contrasted that with European standards and denied prioritizing profitable parcels over letters.
Kretínský welcomed government action on driver employment conditions, as Ofcom plans to lower service targets.

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Story summary

Czech billionaire Daniel Kretínský defended Royal Mail's service amid late deliveries and price hikes.
Kretínský attributed delays to high UK expectations for next-day delivery at low prices since the £3.6bn acquisition.
Kretínský contrasted that with European standards and denied prioritizing profitable parcels over letters.
Kretínský welcomed government action on driver employment conditions, as Ofcom plans to lower service targets.