The price of first and second class stamps will rise by 2p from 6 April 2010, says the Royal Mail, after receiving approval from postal regulator Postcomm.
The rise will take the price of a First and Second class stamp for standard letters to 41p and 32p respectively.
Postcomm began a consultation on the price changes proposed by Royal Mail and said in October that it had received 26 responses. It said that after considering those received, it had decided “it is still appropriate to make the changes” – applying to the period April 2010 to March 2011.
According to the post operator the price increase “reflects the continuing financial losses made by Royal Mail in collecting and delivering stamped mail” which it says was £250 million in 2008-09.
Alex Smith, Royal Mail’s Commercial and Strategy Director defended the decision: “Stamp prices remain affordable and represent excellent value for money – Royal Mail continues to offer consumers a more extensive, to-the-door, six days-a-week service than many European countries and does so at a lower price than most other operators.”
Royal Mail says that despite the price rise, the UK will continue to have some of the lowest prices in Europe – a fact which will be of little comfort to those who object to the increase.
Many customers will be surprised that Royal Mail needs to raise more revenue after only recently reporting a 4% rise in profits for the first half of 2009 compared to the same period a year earlier.
The fact that it is also the Royal Mail’s second price rise in a year is also a cause for contempt.
Unfortunately as there are few alternatives businesses have little choice but to accept the price rises.
January 22nd, 2010 in
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The prices will change from Monday 6 April
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The price of first and second-class stamps is to rise by 3 pence from 6 April, the Royal Mail has announced.
For standard letters weighing up to 100g, a first-class stamp will cost 39p, while second-class will be 30p.
Royal Mail stressed that the increases were within the price limits set by the regulator, Postcomm.
It also said that even after the latest set of rises, delivering stamped mail would remain a loss-making business for Royal Mail.
‘Very affordable’
Last year, Royal Mail lost more than £100m providing the universal mail service.
For large letters, the price of a first-class stamp will go up 9p to 61p while a second-class stamp will rise 5p to 47p.
“Stamped mail remains very affordable and consumers are still receiving excellent value for money,” said Luisa Fulci at Royal Mail.
“Most countries in Europe charge more to deliver less.”
December 26th, 2008 in
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They’ve been topping the bill for hundreds of years, now some of our favourite pantomime characters are set to take centre stage on millions of Christmas stamps.
Stepping forward on the 2nd Class stamps are the stereotypically burly bullies from Cinderella, the Ugly Sisters, who are joined, as if by magic, on the 1st Class stamps by Aladdin’s Genie.
There’s some low cunning at work on both the 50p and 81p stamps where Peter Pan’s Captain Hook and Snow White’s Wicked Queen are seen in typically evil mood.
We are also offering the Madonna & Child stamps first produced last year. These beautiful stamps feature classic paintings from the 14th and 19th centuries and reflect a more traditional view of Christmas through the universal image of a mother’s love for her child.
Also available this month Lest We Forget issued on 6th November 2008 As the 90th Anniversary of Armistice Day draws near, Royal Mail is proud to release the third and final in the acclaimed Lest We Forget series of commemorative stamps.
2008 Price Increase
Royal Mail have announce that their prices will be going up again in early 2008. You can beat the price increase by stocking up NVI stamps (that show 1st or 2nd rather than 24p or 34p) which will still be valid after the price increase.
We sell stamps at a significant discount to the face value making it an even better deal. Look at our price and order today.
Tariff 2008
Pricing Changes
On Monday 7th April 2008 our new prices will come into effect. If you would like to look up the new prices, just view the document below to get straight to the updated price table for that particular service.
Key changes
- The 1st Class Letter price will increase to 36p for stamp and 34p for meter.
- The 2nd Class Letter price will increase to 27p for stamp and 24p for meter.
- Royal Mail Special Delivery® Next Day will increase by 30p to £4.60 for mail up to 100g.
Next year is already looking good for stamps and collecting. From SOS and the RAF to Insects and the Olympics, here are the inspiring issues we’ve got lined up for 2008.
January - Ian Fleming’s James Bond
February - Working Dogs
February - The Houses of Lancaster and York
March - Celebrating Northern Ireland
March - Mayday - Rescue at Sea
April - Insects (Endangered species part 2)
May - Cathedrals
June - Classic Carry On and Hammer Films
July - Airshows
August - Olympics
September - Uniforms of the RAF (Uniforms part 2)
September - 50th Anniversary of Country Definitives
October - Women of achievement
November - Christmas 2008
November - Lest We Forget (part 3)
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There is a difference between stamp collectors and those who extensively study stamps, which is called philately. Most people enjoy collecting stamps as a form of recreation. They don’t spend time worrying about minute details. Those who indulge in philately are typically those who tend to invest large amounts of money in the buying of stamps. They make it a point to understand the finer points of a stamp and the rarity or desirability of a particular stamp. Rare stamps are rising increasingly in value and for some this can be quite an investment. Stamps are an extremely portable item unlike the bigger items such as paintings or sculptures. They’re tiny and much easier to display in an attractive album that can be displayed or locked in a safe depending on the value of the stamps one owns. Many people arrange stamps in varying ways, some by country while others like to place them according to their sizes. Still others will arrange them by topic.
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Stamps are classified into four separate types. They are Stamp Types, Purpose, Formats and Condition.
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