Royal Mail to hike stamp prices in April

Stamp prices will increase in April, with first-class stamps jumping by 10p to £1.35 and second-class stamps rising by the same amount to 85p. In March last year, first-class stamps cost 95p, but Royal Mail hiked the price to £1.10 in April 2023 before putting through another increase in October. The loss-making delivery giant brings through the rises as it continues to suffer from increased costs and weaker demand for letters. Last year, industry regulator Ofcom said there should be an inflation-linked cap ...