Royal Mail to hike postage stamp prices in March
Cost of first- and second-class stamps going up by 1p.
Royal Mail has announced it’s hiking the cost of postage stamps by 1p at the end of March.
From 30th March the price of a first-class stamp will rise to 63p and the price of a second-class stamp will go up from 53p to 54p.
For bigger items the price of a large letter first-class stamp up to 100g will rise by 2p to 95p and the price of a large letter second-class stamp up to 100g will go up by 1p to 74p.
Royal Mail defended the increases saying its prices remain among the best value in Europe.
It says the European average cost for sending first-class letters up to 100g is 72p while the average for second-class letters up to 100g is 62p.
Better news for parcels
Royal Mail is also simplifying and cutting the cost of sending parcels.
From 30th March the cost of sending a second-class medium parcel weighing up to 2kg will be £4.89 – a saving of £3.11
Currently a second-class medium parcel weighing up to 1kg costs £5.20 and one weighing between 1-2kgs costs £8 to send.
Prices for second-class small parcels up to 2kg will remain at the single price of £2.80 following the popularity of the Royal Mail’s Christmas promotion.
You can find out more about Royal Mail postage prices at its website.
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Comments
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And there was me thinking that the cost of everything, especially transport, was going down. The Government havn't been lying to me have they?
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As price hi kings go 1p is not much and the regulator has said that 2nd class can be 55p. The parcel price drops should be the headline we never get any if the prices from competitors, mostly foreign owned and loss making with no service levels published.
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You are incorrect in saying the cost of a first class stamp is going up from 63p to 64p. In fact the current cost is 62p and the new price will be 63p
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04 March 2015