Table of Contents
- Standard first class shipping will increase by 30p to £1.65, an increase of 22.2%.
- Fifth price increase in less than three years
- Postal increase could lead to ‘fatal spiral of decline’ for Royal Mail
Businesses have warned that the inflation-reducing rise in the price of Royal Mail first-class stamps could “herald the end of an affordable postal service”.
Standard first class shipping will increase by 30p to £1.65 from today, an increase of 22.2 per cent.
The fifth price rise in less than three years comes as Daniel Kretinsky buys Royal Mail owner International Distribution Service, led by chief executive Martin Seidenberg.
Concerns: Royal Mail owner International Distribution Service, led by chief executive Martin Seidenberg (pictured), is being bought by Daniel Kretinsky
Royal Mail also intends to reduce second class deliveries to every other day.
Rising first-class postage could lead to a “fatal spiral of decline” for Royal Mail, the Greeting Card Association (GCA) has warned, fearing a “premium, uncapped and unregulated first-class stamp beyond reach.” (of consumers).”
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