From April 3, 2024 the cost of one first class stamp will rise by 15p to £1.10 per stamp
From April 3, 2024 the cost of one first class stamp will rise by 15p to £1.10 per stamp. Second class stamps will jump from seven pence to 75p each. Royal Mail said the rise is needed to ensure "one-price-goes-anywhere Universal Service" remains stable.
"We appreciate that many businesses and households are facing a challenging economic environment and we are committed to keeping our prices affordable," said Nick Landon, chief commercial officer at Royal Mail. Last year, the letter carrier asked the Government to drop their obligated delivery services from six days a week to five for letters. The mail carrier is currently expected to see an dusted operating loss of £350 million to £450 million for the full year, Market Screener reports.
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