Royal Mail posts hike stamp prices

The price of a first class stamp is to increase by 5p to 46p and by 4p to 36p for second class next April, the Royal Mail announced today.

The cost of posting a large letter will rise by 9p to 75p for first class and by 7p to 58p for second class mail.

The Royal Mail said stamp prices for letters weighing up to 100g will continue to be among the lowest in Europe even after next April.

The increase will add around 7p to the average household's weekly spend of about 60p on postage, said the postal group.

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