Royal Mail to Raise Stamp Prices for Sixth Time in Three Years
First-class stamps will increase to £1.70 and second-class to 87p on April 7, as Royal Mail cites rising delivery costs and declining letter volumes.
- The price of first-class stamps will rise by 5p to £1.70, and second-class stamps by 2p to 87p, effective April 7, 2025.
- This marks the sixth price hike in three years, with first-class stamp prices more than doubling since 2020.
- Royal Mail attributes the increases to higher delivery costs, driven by declining letter volumes and a growing number of delivery addresses.
- Regulator Ofcom is reviewing Royal Mail's universal service obligation, with potential reforms including reduced second-class delivery days.
- The price changes come as Czech billionaire Daniel Kretinsky's £3.6bn takeover of Royal Mail faces delays due to regulatory approvals in Romania.