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# Thursday, 15 May 2008

Postal deliveries on Saturday may be discontinued under plans by the industry regulator. The proposals are part of a new plan to cut costs for Royal Mail. Under the new proposals deliveries would be reduced to five days a week and fewer first class letters would arrive the next day after they are sent. The regulator has also suggested that Royal Mail's delivery targets are lowered. A member of the  Communication Workers Union, which represents most of the Royal Mail's 130,000 delivery workers, disagreed with the proposals saying: "It is absolutely shocking for the regulator, of all people, to suggest moving from a six day service to a five day service." "We should be investing, not cutting, what was once the leading postal service in the world." The Royal Mail announced a slump in its profits this week and claimed it had lost £100 million in its last financial year from fulfilling the "universal service".