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Ian Senior, an independent postal economist, has told Wake Up to Money that Royal Mail should cut its deliveries to just three a week. "The business is still viable, particularly on the parcels side, but it's not got a very good long term future" he says. "You have to realise that value of delivering a parcel is going up, the value of delivering a letter is going down." The great majority of letter mail is not time sensitive anymore” says Ian, who adds that going down to three days a week would be a huge saving. This clip is originally from Wake up to Money on Thursday 19 May 2016.