New prices for 1st and 2nd class Royal Mail stamps after April hikes

dailyrecord.co.uk:

Stamp prices have risen today, now costing consumers as much as 15p more than they would have previously.Those who have missed the price-hike deadline will pay 7p more for a 2nd class stamp and 15p more for a 1st class stamp.

Charity group Citizens Advice say that a 1st class stamp now costs 64 percent more than it would have five years ago. It comes amid ongoing inflation which has caused prices to rise on numerous goods and services, including broadband and groceries.

Below are the new prices for 1st and 2nd class stamps, as well as the price rises that we'll see on large stamps:Royal Mail has said that the reason for the price surge is because of "careful consideration" of different factors.Some of these include overall rising costs, a 25 percent drop in letter-sending in the aftermath of the pandemic, and an "ever-growing" number of addresses.When the hikes were announced last month, Matthew Upton, Director of Policy at Citizens Advice, said: "Almost one in five people are already struggling with current prices for second class stamps."Royal Mail is choosing to hike prices at a time when millions are missing important letters, thanks to post delays.

Nobody should be paying more for this kind of subpar service."This comes after the recent news that the Royal Mail would be scrapping non-barcoded stamps.