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Price of first class stamp rises to £1.80
Royal Mail said falling letter volumes and higher costs justify the rise, while delivery performance remains below target and criticism from consumers and MPs continues.
- On Tuesday, Royal Mail raised first-class stamps by 10p to £1.80 and second-class stamps to 91p, while announcing a 5% domestic and 5.5% international fuel surcharge for business accounts effective May 3.
- Managing Director of Letters Richard Travers stated the company balances affordability with rising delivery costs, citing falling letter volumes and a growing network now reaching 32 million addresses.
- Performance data shows 77% of first-class mail arrives within one working day against a 93% target, marking the eighth price increase in five years amid mounting criticism.
- Business and Trade Committee Chair Liam Byrne described service failures as "significant," while Citizens Advice head of policy Anne Pardoe argued price rises must be performance-linked.
- International Distribution Services owner Daniel Kretinsky called to "urgently move forward" with reforms; analysts warn confidence returns only when service levels match prices paid.
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43 Articles
43 Articles
+3 Reposted by 3 other sources
Price of first class stamp increases to £1.80
The changes also mean that the price of a second class stamp has risen by 4p to 91p.
·London, United Kingdom
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sloughobserver.co.uk
First- and second-class stamp prices rise today — how much you'll pay
The cost of a first-class stamp has now more than doubled – up 137 – in the past six years after eight rises
·High Wycombe, United Kingdom
Read Full ArticleCoverage Details
Total News Sources43
Leaning Left4Leaning Right2Center30Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
11%
C 83%
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