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Daily Mirror
Daily Mirror
Business
Levi Winchester

Royal Mail hikes cost of first class stamps to more than £1 as prices rise TODAY

Royal Mail stamps are rising in price today - with the cost of a first class stamp going over the £1 threshold for the first-time ever.

The price of a first class stamp has gone up by 15p, from 95p to £1.10, while a second class stamp is now 7p more expensive, up from 68p to 75p.

The 16% increase for a first class stamp is way above the current level of inflation of 10.4% - and comes on top of a 10% increase from last year.

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