An increase in the price of stamps will hit the elderly, vulnerable and millions of people who rely on the postal service, including small businesses and charities. At a time when family budgets are facing an unprecedented squeeze, the cost of living is rising and growth has been stalled...such a large rise in the price of stamps is the last thing we need. This decision is a direct result of the Government pursuing the privatisation of Royal Mail.
The price of a first class stamp is to rise by 30 per cent to 60p.
There is a bigger picture to today's stamp price rises - creating a Royal Mail that is ripe for sell off.
So can you make a profit by selling stamps on after the price rise?