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.
[SPOTLIGHT]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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