Posted 10/1/2023, 11:05:42 PM
Royal Mail hikes stamp prices again amid criticism of service quality and household budgets squeeze
- First class stamp price increases to £1.25, up from £1.10, the third rise in 18 months
- Royal Mail blames rising costs and tough economic climate for the increase
- Citizens Advice criticizes Ofcom for letting Royal Mail hike prices amid poor service and households' cost struggles
- Ofcom says pricing flexibility needed to keep postal service viable
- Royal Mail continues to seek reform of Universal Service Obligation requiring delivery to all UK addresses 6 days a week