We have a long heritage of contributing to the communities we serve through the delivery of the Universal Service. Nine out of ten customers consider Royal Mail a core part of the community – particularly in rural communities. The one price goes anywhere, six day a week Universal Service, is enshrined in law. It can only be changed if voted for by both Houses of Parliament.
Our contribution to the UK at this difficult time for the economy is significant. In 2012, research from the Centre for Economics and Business Research (CEBR) found that, in terms of our economic footprint, our core UK business ranks as the eighth largest organisation in the UK. We contribute 0.4 per cent to the UK’s total Gross Domestic Product (GDP), rising to 0.7 per cent when our wider economic impacts are included. For every £1 we pay in wages, an additional 57p is generated elsewhere in the economy.
In 2012, we announced our Charity partnership with Prostate Cancer UK. Both colleagues and Royal Mail aim to raise £2 million over a two year period to fund the employment of an additional 50 prostate cancer nurses by Prostate Cancer. £1m has been raised so far, thanks to the efforts of our colleagues and a number of fundraising activities, including the highly successful Movember, Give a Quid day and the Graduate & Apprentice fundraising challenge. This means enough has already been raised to recruit and train 25 specialist prostate cancer nurses all around the UK.