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Royal Mail hikes up price of stamps - here’s how much you'll pay for postage from January

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dailyrecord.co.uk
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The Royal Mail has announced that the cost of stamps is set to rise from January, with a first class stamp going up 9p to 85p and a second class one up 1p to 66p.

Bosses said they have "considered any pricing changes very carefully" due to the coronavirus pandemic but said the rises were "necessary to help ensure the sustainability" of the universal service.

The new prices start from January 1, 2021 and come just weeks after Royal Mail revealed letter volumes have fallen 28 per cent in the six months to September 27, compared with a year earlier.

Royal Mail said: "The reduction in letter volumes has had a significant impact on the finances of the universal service which lost £180 million in the first half of the year." Royal Mail added:.

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