Royal Mail hikes stamp prices again

The price of a first class stamp is to increase by 2p to 62p and second class by 3p to 53p, the Royal Mail has announced.

Loading Comments
Share
Print

The increases will take effect on March 31, two years after the last increase in stamp prices.

The now-privatised Royal Mail said it had "thought carefully" about the impact on customers and its business before making the decision.

Stephen Agar, Royal Mail's managing director of consumer and network access, said: "We understand that nobody likes to pay more, especially in the current economic climate. Our prices remain amongst the best value for money in Europe, and we have the highest service specification of any major European country."

Royal Mail said that, under the regulatory framework, it could have increased second class stamps to 57p, adding that its prices were among the best value in Europe, where the average for a first class letter is 67p and 60p for second class.

A large letter first class stamp up to 100g will rise by 3p to 93p, while a large second class stamp will go up by 4p to 73p.

Business

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

154055

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
A weekly round up of social highlights

A weekly round up of social highlights

Cat's Eyes on Glasgow

gymnast Louis Smith loving my presenting skills and other Games highlights

Times Out

Entertainment

Lifestyle

TV Advert
Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.

Michelle McManus

Michelle McManus

Sussed in the City

I’m getting older and wise when it comes to partying.

Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.