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Edinburgh Live

National

Henry Saker-Clark (PA) & Abbie Meehan

Cost of stamps to increase to more than £1 for first time, Royal Mail confirms

Royal Mail have announced that the price of their first class stamps will rise above £1 for the first time ever.

The struggling postal service and courier company has confirmed that first class stamps will increase from 15 pence to a whopping £1.10 from April 3, 2023. The price of a second class stamp will also increase, from seven pence to 75 pence. according to new reports.

Royal Mail stated that they have been forced to increase the prices of stamps to ensure that their service, which means any letter delivery costs the same irrespective of the distance, “remains sustainable”.

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