Buy Your First Class Stamps NOW! The Price is about to go up
Vicky Parry
twenty fourth Sep 2024
Studying Time: < 1 minute
On Monday October 7 First Class stamps are set to go up by a whopping 22% so MoneyMagpie counsel that you simply SHOP NOW – purchase a ebook of top notch stamps and ensure you purchase your christmas stamps (for those who use top notch) forward of that date!
Class and Letter Dimension | Present Worth | Worth from Oct 7 |
First – Customary | £1.35 | £1.65 |
First – Massive | £2.10 | £2.60 |
Chief business officer at Royal Mail Jack London has mentioned: “We at all times take into account value modifications very fastidiously, however we face a scenario the place letter volumes have decreased dramatically over latest years, whereas prices have elevated. It’s now not sustainable to keep up a community constructed for 20bn letters after we at the moment are solely delivering 7bn.
“Because of letter quantity decline, our posties now must stroll greater than thrice as far to ship the identical variety of letters as earlier than, rising the supply prices per letter.”
He added: “It is important that the common service adapts to replicate altering buyer preferences in order that we will shield the one-price-goes-anywhere service, now and sooner or later.”
Royal Mail mentioned the brand new value of first- and second-class stamps remained beneath the typical costs in Europe of £1.66 and £1.26 respectively.
With this hike in thoughts, we propose that you simply purchase your stamps now, purchase stamps for a few Christmases if you must. As a result of these rises don’t appear to be stopping.