Royal Mail raises first-class stamp price to £1.65 from 7 Oct due to declining volumes and rising costs.
Royal Mail will increase the price of first-class stamps from £1.35 to £1.65, effective October 7, due to declining letter volumes and rising operational costs. Second-class stamps will remain at 85p. The company faces significant financial challenges, including a £419 million loss last year. Ofcom is considering changes to delivery schedules, possibly eliminating Saturday deliveries for second-class mail, amid calls for urgent reform of the universal service.
September 06, 2024
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