Royal Mail to Raise First-Class Stamp Prices and Reduce Second-Class Deliveries

Facing financial challenges, Royal Mail plans to increase first-class stamp prices to £1.65 and proposes cutting Saturday second-class deliveries.

First-class stamp prices will rise by 30p to £1.65 starting October 7.
Second-class stamps will remain at 85p, but Saturday deliveries may be scrapped.
Letter volumes have dropped significantly, from 20 billion in 2004 to 6.7 billion in 2023.
Ofcom is considering regulatory changes to help Royal Mail reduce costs and improve efficiency.
Royal Mail's parent company is undergoing a £3.57 billion takeover by Czech billionaire Daniel Křetínský.