Page last updated at 14:33 GMT, Tuesday, 23 December 2008

Price of stamps set to rise again

Christmas first-class stamp
The prices will change from Monday 6 April

The price of first and second-class stamps is to rise by 3 pence from 6 April, the Royal Mail has announced.

For standard letters weighing up to 100g, a first-class stamp will cost 39p, while second-class will be 30p.

Royal Mail stressed that the increases were within the price limits set by the regulator, Postcomm.

It also said that even after the latest set of rises, delivering stamped mail would remain a loss-making business for Royal Mail.

'Very affordable'

Last year, Royal Mail lost more than 100m providing the universal mail service.

For large letters, the price of a first-class stamp will go up 9p to 61p while a second-class stamp will rise 5p to 47p.

"Stamped mail remains very affordable and consumers are still receiving excellent value for money," said Luisa Fulci at Royal Mail.

"Most countries in Europe charge more to deliver less."

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SEE ALSO
Government backs sell-off of mail
16 Dec 08 |  Business
Royal Mail profits sharply higher
23 Oct 08 |  Business
Royal Mail misses delivery target
30 May 08 |  Business
Call for sell-off of Royal Mail
14 May 08 |  Business
Stamp price increases announced
20 Dec 07 |  Business

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