The Royal cap number of stamps shops can buy to stop panic buying (yes, really)
After we told you about the price of stamps rising, some of you obviously went into a blind panic, furious buying as many stamps as possible like those beserk bozos who clogged up the petrol stations earlier in the month.
Well, the Royal Mail have got wise to you and have capped the number of stamps shops are able to get in, in a bid to stop you swine from stockpiling them ahead of price hikes. If you've forgotten, from April 30th the cost of a first-class stamp will increase from 46p to 60p, while a second class stamp will be 50p instead of 36p.
The postal company have now limited supplies to 20% of each retailer's annual allocation as they try to "protect revenue."
Royal Mail spokesman James Eadie said the money from these increases was needed to maintain the six-day a week postal service, which has been losing money for some time now.
He said: "We do have a sensible allocation in place so that individual retailers can pre-order in advance of the price rise, based on their normal full-year expectations of demand. These allocations are in place for all retailers so we can balance the customer demand with the need to protect Royal Mail's revenues. This is a prudent and appropriate policy."
Demand for stamps initially surged when the price increase was announced, but alas, it has since dipped as everyone remembered that it is much easier and cheaper to text, email or privately message someone online.
TOPICS: High Street News