The price of a first class stamp will increase by 1p from 63p to 64p from 29 March, Royal Mail has announced.
Second class stamps will rise by 1p from 54p to 55p, while the price of a large letter (under 101g) will increase by 1p for both first class and second class stamps, taking prices to 96p and 75p respectively.
Royal Mail says it has “carefully considered the impact” on customers and its own business, but says the changes are “necessary to help ensure the sustainability of the Universal Postal Service”.
Stock up on stamps now
If you use stamps for personal or business use on a regular basis, consider stocking up now at cheaper prices to save.
Royal Mail says that as long as the stamp says ‘1st’ or ‘2nd’ on it rather than an actual price, you can continue to use it after the price rise.
If you’ve got stamps from years ago with actual prices on them, to use them now you need to ensure you make up the value to current prices using other stamps.