You are here: Home - Household Bills - News -

Royal Mail raises first and second class stamp prices

0
Written by: Danielle Levy
25/03/2019
The price of first and second class stamps has risen by 3p, after Royal Mail apologised for breaking the regulator’s price cap.

As of today, a first class stamp now costs 70p, while the price of a second class stamp has increased to 61p.

The move follows Royal Mail’s decision to break regulator Ofcom’s price cap of 60p for second class stamps, which sought to ensure the postal service remains affordable for consumers. This cap was in place until 1 April.

In late February, Royal Mail issued an apology for breaking the cap and said it would donate the extra revenue, estimated at £60,000, to charity Action for Children.

The price to send a large letter first class will also increase by 5p to £1.06, while second class stamps for large letters will rise by 4p to 83p.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
‘Rogue’ private landlords must stop exploiting students, says universities minister

Landlords who fail to meet standards for student accommodation must face justice under new regulations, the universities minister Chris Skidmore...

Close