Price of first class stamp goes up to 70p

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Price of first class stamp goes up to 70p



The price of a 1st class stamp is to increase to 70p, Royal Mail has announced.
The stamp will increase by the cost of 3p from March 25 in a bid to ensure the ‘sustainability of the universal postal service.’
At the same time, the cost of a 2nd class stamp will also increase by the same amount to 61p.

The price of stamps has gone up (Picture: Getty)Royal Mail said it had reviewed the changes ‘very carefully’ while seeking to minimise any impact on customers.
The group said the rates in the UK were still among some of the best value within Europe.
The company said in a statement: ‘Royal Mail understands that many companies and households are finding it hard in the current economic environment.
‘As a result, we have considered any pricing changes very carefully and in doing so have sought to minimise any impact on our customers.’
The European average for a 1st class letter is 99p and 77p for 2nd class post.
The changes in the UK will also see price increases to the cost of parcels.
A 1kg small parcel posted 1st class will rise from £3.45 to £3.55.
The cost of a 500g large letter will increase 10p from £1.87 to £1.97.

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