Royal Mail has increased their stamp prices “to ensure the sustainability” of the postal service. Some large letters could now cost over £1 if posted first class.
The price for a First Class stamp has increased by more than double in the past eight years. However, Royal Mail reiterates that in spite of the changes in price, they are still offering good value and service.
A spokesperson for Royal Mail said, “Royal Mail understands that many companies and households are finding it hard in the current economic environment. We have considered any pricing changes very carefully and in doing so have sought to minimise any impact on our customers. These changes are necessary to help ensure the sustainability of the Universal Postal Service. Royal Mail's stamp prices are among the best value in Europe when compared to other postal operators. The UK also has one of the highest quality of service specifications of any major European country.”
First Class stamps have increased by 2p to 67p, and Second Class stamp increased by 2p to 58p. Large First Class stamp have risen by 3p to £1.01; and Large Second Class stamps have increased by 3p to 79p.
