Royal Mail raises stamp prices by 1p

[citizenB]

http://www.theguardian.com/business/2016/feb/19/royal-mail-raises-stamp-prices

 

 

Royal Mail is to raise the price of stamps, months after the government completed the privatisation of the service.

 

First class stamps will go up by 1p to 64p, while a second class stamp will rise by the same amount to 55p from 29 March.

 

The company said it had “carefully considered” the impact of price rises on customers and its own business, opting to apply the “smallest possible increase”. The price of large letter stamps will also rise by 1p.

 

“We believe these changes are necessary to help ensure the sustainability of the universal postal service,” the company said, adding that stamp prices in the UK are among the best value in Europe.

 

[TraineeAngel66]

Better start saving the pennies for that then or should that be the pounds?? lol

[maroondevo52]

It's still cheap

[stu007]

Do what I do when they raise the price buy your stamps in bulk before the price increase

[aburobert]

Do what I do when they raise the price buy your stamps in bulk before the price increase

 

Better still buy your postage from the many brokers in the stamp (philatelic world) who sell off mint, full gum stamps at a large discount off face value. You can buy at discounts of up to 40% this way if you shop around. You will also find large lots of full mint material being sold at provincial stamp auction houses often in complete sheets at sometimes an even bigger discount off face value. For almost half a year I was using Harry Potter stamps for postage I purchased at 55% face from an auction house.

 

Please note it is illegal to use much of the stuff sold on eBay for postage as the vast majority of that has already been used before. It is not illegal to sell it but it is illegal to reuse stamps that have already been used to pre-pay postage and, in the past, the Post Office have taken action against some bulk users of this stuff - though if you only send the occasional letter you are probably safe.