04 April 2022

Stamp price rises: First class postage is now 95p

The price of a first class stamp has risen by 10p to 95p as Royal Mail seeks to cover higher delivery costs while the number of letters being sent falls. Second class stamps have also increased by 2p to 68p.

Royal Mail said it was having to deliver to a growing number of addresses, which was adding to costs. But some people criticised the move at a time when the cost of living is increasing and the firm's profits have jumped.

The price of first and second class stamps have more than doubled since 2010, when they cost 41p and 32p respectively. In 2000, it was 27p and 19p.

Perhaps the actual reason for the huge percentage rise in the price of stamps is to cover the ~£1bn cost of attempting to put right the appalling Horizon scandal.

www.bbc.co.uk


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