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30% rise in cost of stamps

The price of a first class stamp is to increase from 46p to 60p - an increase of 30%.

Second class stamps will go up from 36p to 50p - a 38% rise.

The changes come into force from April 30.

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Labour: stamp prices will hit 'elderly and vulnerable'

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.

– Ian Murray, Labour Shadow Minister for Employment Relations, Consumer and Postal Affairs

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