The price of a standard 1st class stamp is to rise by 15p at the start of April, Royal Mail has confirmed.
From Monday 3rd April, standard stamp prices will increase by up to 15% with the price of a 1st class stamp breaking the £1 barrier for the 1st time, rising to a whopping £1.10.
According to the postal service, the increase is to ensure the one-price-goes-anywhere universal service remains sustainable – a decision that Royal Mail says was carefully considered. Since COVID, the delivery of letters has fallen by a quarter.
Customers on the Island and across the country now have until that date to stock up on stamps before the unit price increases.
From 3rd April, the cost of stamps will rise as follows:
Standard letters (max 100g, 24cm x 16.5cm x 5mm)
- First class: £1.10 (up from 95p)
- Second class: 75p (up from 68p)
Large letters (max 100g, 35.3cm x 25cm x 2.5cm)
- First class: £1.60 (up from £1.45)
- Second class: £1.15 (up from £1.05)
Nick Landon, chief commercial officer at Royal Mail, has said:
“We appreciate that many businesses and households are facing a challenging economic environment and we are committed to keeping our prices affordable. Letters have declined by 25% compared to pre-pandemic. We have to carefully balance our pricing against a continued decline in letter volumes and the increasing costs of delivering letters 6 days a week to an ever-growing number of addresses across the country”.
Dont send anything valuable through the post.It WILL get stolen and the Post Office will not do a damn thing about it.
The post office is stupid, keep putting prices up will mean less will use and post office will loose more money. My postie is paid same when he walks one end of street to the other whether they have two letters or thirty,if lowered price they would get used more. This post office greed and selfishness will also lead to closures and loss of jobs in card shops and damage high street further etc.
1st class in USA around 50p across whole Continent !
No wonder couriers are expanding rapidly and more use of email/tech etc.
More big bonuses for the bosses. How much profit was it they made when the posties wanted a pay rise, but would rather give it to the share holders? This it what this is about, keeping the share holders sweet.
Compared to what toilet rolls and kitchen towels cost now, I won’t be losing sleep on 25p more for a stamp.
No, and not will I. The recent decision by His Brittanic Majesy’s Royal Mail to ‘use up’ stamps with The Late Queen’s image on them set a precedent. The ruling by Royal Mail, mostly badly managed, and The Post Office, now privately run down, means that stamps bearin the late monarch is any dead king or queen ever. Twopenny blues ain’t being used, but a load of stamps of Edward vii are being applied as we speak. They cost loads, I found them in a skip, and have to be redeemed at present value as tax was paid at time of issue.
Is this the same rise that was announced a couple of weeks ago, or another one?
I still think it is good value to get a letter from one side of the country to the other but I will be cutting down the Christmas card list this year
They should not be allowed to use the word royal in their title.It is no longer the countries assets so should be renamed privatised mail.
Nail in the coffin for Royal Mail, letter writing has died off since technology took over so they are mainly a parcel delivery company and of course council tax contribution letters. Sad the country is in decline more way than one. It is true the good old days have gone.
‘a whopping £1.10’? Hardly seems like an extortionate amount to get a letter from one end of the country to the other if you absolutely need to.
Of course, few of us write physical letters these days. Do people honestly think if the Royal Mail reduced the price of a stamp more people would send letters? I don’t think so, not when we can all write and send a message or email for free.
On the flip side though, Royal Mail delivered over 4 billion parcels last year. That’s where the business is these days, not with letters.
Who sends letters from one end of the country to the other end ? May be business and they buy at much lower rates from Royal Mail