First and Second Class Stamp Prices

First and Second Class Stamp Prices

Key points

  • Royal Mail understands that many companies and households are finding it hard in the current economic environment
  • Royal Mail has reviewed these pricing changes very carefully while seeking to minimise any impact on customers. We are making these changes to help ensure the sustainability of the Universal Postal Service
  • From 25 March, the price of a 1st Class stamp will increase by 3p to 70p and the price of a 2nd Class stamp will increase by 3p to 61p
  • Royal Mail’s stamp prices rate among the best value in Europe. The UK also has one of the highest quality of service specifications of any major European country
  • As previously communicated, Royal Mail is also changing the pricing structure of its Redirection service

Royal Mail understands that many companies and households are finding it hard in the current economic environment. As a result, we have considered any pricing changes very carefully and in doing so have sought to minimise any impact on our customers.

From 25 March, the price of a 1st Class stamp will increase by 3p to 70p and the price of a 2nd Class stamp will increase by 3p to 61p. These changes are necessary to help ensure the sustainability of the Universal Postal Service.

Stamp prices are among the best value in Europe

Royal Mail’s stamp prices are among the best value in Europe when compared to other postal operators. Royal Mail research1 shows that the European average for 1st Class letters (0-100g) is 99p. The UK 1st Class stamp price comes in at below this price. The European average for 2nd Class letters (0-100g) is 77p The UK 2nd Class stamp price remains below this. The UK also has one of the highest quality of service specifications of any major European country.

Redirection Pricing

Separately, as previously communicated, Royal Mail is making changes to the pricing structure of its Redirection service. From March 25, pricing will be based on the number of applicants rather than on a per-surname basis to be more reflective of modern society.

 

Ends

Notes to editors

 

1. Research based on World Bank Purchasing Power Parity exchange rates for GDP, October 2018 for each country, using UK volume weights to provide a common currency average stamp letter price for items up to 100g

 

About Royal Mail plc
Royal Mail plc is the parent company of Royal Mail Group Limited, the leading provider of postal and delivery services in the UK and the UK’s designated universal postal service provider. UK Parcels, International and Letters (“UKPIL”) comprises the company’s UK and international parcels and letters delivery businesses operating under the “Royal Mail” and “Parcelforce Worldwide” brands. Through the Royal Mail Core Network, the company delivers a one-price-goes-anywhere service on a range of parcels and letters products. Royal Mail has the capability to deliver to more than 30 million addresses in the UK, six days a week (excluding UK public holidays). Parcelforce Worldwide operates a separate UK network which collects and delivers express parcels. Royal Mail also owns General Logistics Systems (GLS) which operates one of the largest ground-based, deferred parcel delivery networks in Europe.

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