"The price of a first-class stamp has jumped by 10p to 1.80, effective from Tuesday. This marks the eighth increase for first-class stamps in six years, seeing their price more than double by 137 per cent."
"Royal Mail said the price change reflected the continued rise in the cost of delivery as letter volumes fell and the number of addresses surged."
"Richard Travers, managing director of letters at Royal Mail, said: We always consider price changes very carefully, balancing affordability with the rising cost of delivering mail."
The Independent focuses on critical issues like reproductive rights and climate change, advocating for accessible journalism without paywalls. Donations support on-the-ground reporting. Royal Mail has raised stamp prices, with first-class stamps increasing by 10p and second-class by 4p. This marks the eighth price hike for first-class stamps in six years, reflecting rising delivery costs and declining letter volumes. Royal Mail's managing director stated that price changes are carefully considered to balance affordability with operational costs, as UK adults now spend an average of £6.50 annually on stamps.
Read at www.independent.co.uk
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