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18/12/2003
Second Class stamps to rise to 21p
The price of a basic Second Class postage will rise 1p to 21p from April 1 next year, but the price of a First class stamp will remain unchanged, it has been announced today.
First Class prices for heavier letters will fall but there will be increases for heavier Second Class mail. Parcels sent by Royal Mail will cost more, but there will be no change to Parcelforce Worldwide’s prices for express, time-guaranteed parcels. Most international prices will also rise from April 1.
Royal Mail said that the domestic price rises were, on average, a below-inflation 1.2% from April. The changes are in line with the formula announced last March by the postal regulator, Postcomm, setting a three-year control for Royal Mail’s prices.
Under Postcomm’s rules, Royal Mail prices overall must fit within an RPI-1% formula in the 2004/2005 financial year, which begins in April in the New Year. The average 1.2% rise means that Royal Mail’s range of prices will "again" not have kept pace with the Retail Prices Index, which was 2.5% in November, the most recent headline figure, the company said.
Royal Mail’s Chief Executive, Adam Crozier, said that Royal Mail’s prices "would firmly remain among the very lowest in the EU", where the average price of a First Class letter costs 36p – 8p more than the UK’s 28p basic First Class stamp price.
“The ability to send a letter via Royal Mail’s one-price-goes-anywhere service to the UK’s 27 million UK addresses remains fantastic value-for-money,” said Mr Crozier.
“Even after the adjustments to our price have taken effect in April, the basic First Class stamp will be 4.7% lower in real terms compared to five years ago, while basic Second Class postage will have fallen 6.3% in real terms over the same period.”
Mr Crozier added that the 1p rise in basic Second Class postage would help recoup some of the £257 million Royal Mail lost providing this category of mail in the last financial year.
(gmcg)
First Class prices for heavier letters will fall but there will be increases for heavier Second Class mail. Parcels sent by Royal Mail will cost more, but there will be no change to Parcelforce Worldwide’s prices for express, time-guaranteed parcels. Most international prices will also rise from April 1.
Royal Mail said that the domestic price rises were, on average, a below-inflation 1.2% from April. The changes are in line with the formula announced last March by the postal regulator, Postcomm, setting a three-year control for Royal Mail’s prices.
Under Postcomm’s rules, Royal Mail prices overall must fit within an RPI-1% formula in the 2004/2005 financial year, which begins in April in the New Year. The average 1.2% rise means that Royal Mail’s range of prices will "again" not have kept pace with the Retail Prices Index, which was 2.5% in November, the most recent headline figure, the company said.
Royal Mail’s Chief Executive, Adam Crozier, said that Royal Mail’s prices "would firmly remain among the very lowest in the EU", where the average price of a First Class letter costs 36p – 8p more than the UK’s 28p basic First Class stamp price.
“The ability to send a letter via Royal Mail’s one-price-goes-anywhere service to the UK’s 27 million UK addresses remains fantastic value-for-money,” said Mr Crozier.
“Even after the adjustments to our price have taken effect in April, the basic First Class stamp will be 4.7% lower in real terms compared to five years ago, while basic Second Class postage will have fallen 6.3% in real terms over the same period.”
Mr Crozier added that the 1p rise in basic Second Class postage would help recoup some of the £257 million Royal Mail lost providing this category of mail in the last financial year.
(gmcg)
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27 February 2015
Royal Mail Announce Stamp Price Rise
Royal Mail has announced a price increase on first and second class stamps, to be introduced on 30 March. First class stamps will cost 63p each, with second class costing 54p. The firm also announced that the price of a large letter would increase by 2p to 95p for first class postage.
Royal Mail Announce Stamp Price Rise
Royal Mail has announced a price increase on first and second class stamps, to be introduced on 30 March. First class stamps will cost 63p each, with second class costing 54p. The firm also announced that the price of a large letter would increase by 2p to 95p for first class postage.
07 April 2005
First Class stamp price increased to 30p
The price of a basic First Class stamp has increased from 28p to 30p as of today, April 7, 2005. The basic rate for Second Class mail remains at 21p for all customers.
First Class stamp price increased to 30p
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27 March 2012
First Class Stamp To Cost 60p
The price of a first-class stamp in set to rise to 60p after the regulator lifted some price controls on Royal Mail. Currently costing 46p the rise will come into effect from April 30, with a 2nd class stamp increasing from 36p to 50p. The regulator has claimed the future of the Royal Mail was at "severe risk" without relaxing controls.
First Class Stamp To Cost 60p
The price of a first-class stamp in set to rise to 60p after the regulator lifted some price controls on Royal Mail. Currently costing 46p the rise will come into effect from April 30, with a 2nd class stamp increasing from 36p to 50p. The regulator has claimed the future of the Royal Mail was at "severe risk" without relaxing controls.
30 April 2012
Royal Mail Defends Stamp Price Rise
As the new prices for postage stamps begins today Royal Mail has been defending the increase, saying the rate will still be the cheapest in Europe. First class stamps rise from 46p to 60p, and second class from 36p to 50p, which still remains the bottom half of most prices in other European countries.
Royal Mail Defends Stamp Price Rise
As the new prices for postage stamps begins today Royal Mail has been defending the increase, saying the rate will still be the cheapest in Europe. First class stamps rise from 46p to 60p, and second class from 36p to 50p, which still remains the bottom half of most prices in other European countries.
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