Royal Mail is close to getting the reform it craved. Shareholders should oppose the Czech bid

But Keith Williams, the chairman of International Distribution Services (IDS), could not make the same bleat about uncertainty now – at least, not so definitively. Ofcom has spoken and – hallelujah – there’s a decent chance Royal Mail will get everything it wanted. Scrapping second-class letter deliveries on Saturdays is formally on the table, just as the company proposed. A final decision is due next summer. Remember the potential cost-savings Royal Mail talked about: up to £300m a year, which is more than small change.