The Courier & Advertiser (Perth and Perthshire Edition)
Royal Mail reveals rise in stamp prices
HIGHER STAMP prices have come into force, with first class increasing by 2p to 62p and second class by 3p to 53p.
The n ow - p r i v a t i s e d Royal Mail said it “thought c a r e f u l l y” abo u t the impact on customers and its business before announcing the decision last month, pointing out that the last rise was two years ago.
Royal Mail said its prices remained among the best value for money in Europe, as well as the company having the highest service specification of any major European country.
The postal group said under the regulatory framework, it could have increased second class stamps to 57p, adding its prices were among the best value in Europe, where the average for a firstclass letter is 67p and 60p for second class. A large-letter first-class stamp up to 100g increases by 3p to 93p, while a large second-class stamp will go up by 4p to 73p.
Consumer Futures said the 3% rise in first class and 5% increase in second-class stamp prices were above the current inflation rate
Since 2009, prices have increased by 59% for first class and 77% for second class, the consumer group