The price of stamps goes up, again
From 30th March, the prices for first and second class stamps is going up by 1p to 63p and 54p respectively. If you're sending a large letter, that'll go up by 2p to 95p for first class and by 1p to 74p for second class.
There are some price drops though. Royal Mail said that they're going to cut the price of sending a second-class medium parcel. They're going to simplify the process too, whatever that means. For a small second-class parcel, the price is frozen.
They say that they've thought very carefully about all this and that they recognise the impact on customers during a tough economic time. They've stuck the prices up in response to their continuing complaint about the costs of their Universal Service Obligation, which is an agreement which sees the Royal Mail obligated to deliver to every UK home for the price of a stamp.
Of course, rivals are moving in on their turf and they have no such worries about having to deliver everywhere, meaning the Royal Mail are annoyed that some companies have cherry-picked certain cities, making life difficult for them. Alas, the postage regulator isn't going to be looking into it and are basically telling the Royal Mail to shut up with their whining.