SENDING a letter is about to get a bit more expensive, after Royal Mail announced it is to increase the cost of stamps.
From Monday, March 23, the price of a first-class stamp will increase by 6p to 76p, with a 4p hike for second-class stamps taking its price to 65p.
Royal Mail said the increases are necessary to "help ensure the sustainability of the one-price-goes-anywhere Universal Service."
Stephen Agar, managing director of letters at Royal Mail, added: “We are operating in a tough market at present, under the threat of making a loss by 2021.
"These price increases will help us maintain the quality of service that is expected by our customers, while supporting the Universal Service.”
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