Quote:
Originally Posted by toady
Has the price of postage and paper gone up by this amount? It doesn't cost any more to actually produce the statement, so I assume they want to make more profit on people who like a paper statement
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http://www.telegraph.co.uk/news/ukne...ail-plans.html
The Royal Mail said it is hoping to increase second class stamps by 53 per cent from 36p to 55p. The price of second class stamps would then rise further by inflation every year for seven years. There would be no limit on the price of a first class stamp, which currently costs 46p.
Royal Mail was responding to a proposal by Ofcom, lodged last October, to lift restrictions on the level at which it can set the price of stamps.
Ofcom had suggested Royal Mail could charge unlimited prices for first class stamps, and increase second class stamps from 36p to between 45p and 55p.