"There is no shortage of stamps available to our customers. We have more than adequatestock in place to meet customer demand through around 45,000 outlets across the UK.
"When the price of a First Class stamp increases from 46p to 60p on April 30, it isimportant that the proceeds of this price rise go to Royal Mail. We have lost £1 billion over the last four years.
"We need to put the Universal Service on a sound financial footing through these price rises for the benefit of everybody in the UK."
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The slump will spark scrutiny, especially as statistics show a rise in racially or religiously motivated offences following the EU vote.
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