Mar 25, 2019

First and second class stamp prices rise

A 3p rise on the cost of first and second class stamps has now taken effect, following a Royal Mail apology. The change takes the cost of a first-class stamp to 70p and a second-class stamp to 61p. The price increases are the highest for the two stamps together since 2012, but card and letter writing has fallen in popularity. Ofcom set the current price cap in 2012, following a large price rise at a time when concerns were raised that the universal service was at "Severe risk". "[Our] stamp prices are among the best value in Europe when compared to other postal operators," it said when the rise was first announced in February. The price rise comes shortly after the fall in the popularity of letters was reflected in the way the cost of living is officially recorded.

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