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Price of stamps set to rise again | Price of stamps set to rise again |
(about 6 hours later) | |
The price of first and second-class stamps is to rise by 3 pence from 6 April, the Royal Mail has announced. | |
For standard letters weighing up to 100g, a first-class stamp will cost 39p, while second-class will be 30p. | For standard letters weighing up to 100g, a first-class stamp will cost 39p, while second-class will be 30p. |
Royal Mail stressed that the hikes were within the price limits set by the regulator, Postcomm. | Royal Mail stressed that the hikes were within the price limits set by the regulator, Postcomm. |
It also said that even after the latest set of increases, delivering stamped mail will remain a loss-making business for Royal Mail. | It also said that even after the latest set of increases, delivering stamped mail will remain a loss-making business for Royal Mail. |
'Very affordable' | 'Very affordable' |
Last year, Royal Mail lost more than £100m providing the universal mail service. | Last year, Royal Mail lost more than £100m providing the universal mail service. |
For large letters, the price of a first-class stamp will go up 9p to 61p while a second-class stamp will rise 5p to 47p. | For large letters, the price of a first-class stamp will go up 9p to 61p while a second-class stamp will rise 5p to 47p. |
"Stamped mail remains very affordable and consumers are still receiving excellent value for money," said Luisa Fulci at Royal Mail. | "Stamped mail remains very affordable and consumers are still receiving excellent value for money," said Luisa Fulci at Royal Mail. |
"Most countries in Europe charge more to deliver less." | "Most countries in Europe charge more to deliver less." |