So Royal Mail has increased it's letter postage costs by the biggest margin ever known ....

by , 1 year ago

A First Class stamp rises by 5p to 46 and a Second class stamp by 4p to 36p, and that for anything only up top 100gm.

And a Large Letter will now cost a whopping 75p to send first class!

The postal services regulator, Postcomm, gave permission for the increase in November last year and they say it will help fund Royal Mail's 'Modernisation Programme'.

Royal Mail says that its prices are still among the lowest in Europe. A spokesperson adds: "With the sharp declines in mail volume - a 20% fall in five years - our revenues are falling.

Yes, of course, we can all accept that but I have this feeling that in the case of Royal Mail, sharp declines in mail volumes will accelerate with such aggressive price increases. And so many other ways to communicate have evolved over the past twenty years .... email and texting .... even the increased use of the internet to pay and receive bills.

Sure, there are the romantics among us that love to receive cards and letters 'in the traditional way' ( as I certainly do ) and yes, I would hate to see the demise of the cheery postie, but times are tough and to pay someone to access every house once a day is an old business model that needs tweaking. You know what? I can see deliveries down to three or four days a week in the future.

No, I am not knocking the service, I love it, but it's out of date. I have grown up with Royal Mail when there were three deliveries a day and I would receive penpal letters at 6pm. And remember the telegram boys on their red Bantam 125s?

So what think you all out there?

Responses (8)

I suppose it's inevitable, Snoopy, as fewer and fewer communications are sent by 'snail mail' they have to make their money somehow.

Like you, I grew up with it (and, yes I'm old enough to remember the telegram boys) and I still think it's pretty good value to be able to send a letter to anywhere in the country and have it delivered the next day. But you are right in saying that the business model is out of date and needs tweaking.

I wish I knew the answer, but I don't. The worst case scenario would be privatisation resulting in higher costs for sending letters to remote locations.

by Feline123, 1 year ago

Would be interesting to get Darry's take on this, Snoops. Wonder what's happened to Darry, he seems to have disappeared...shame, he was such a nice guy.

by fruitcake, 1 year ago

Har I bought 500 stamps 2years ago so im alright jack.

They used to print the price on the stamps when i wur a lad!

Now if you buy loads of stamps they will always hold whatever value 1st or 2nd is on the cover.

It could actually be an investment - say you bought 100,000 1st class stamps at 30p and sold em for what ever it is now i wonder what profit you could make?

Yeah Darry was a nice guy I hope I didnt frighten him off like I think i did with Donk!

I will PM him and let him know he is wanted!

by Omendata, 1 year ago

Whoah! I can't believe I hadn't thought of that... It's a heck of an investment.

In 2000, the cost of a first class stamp was 27p. Today, 11 years later it's 46p. If you sold those stamps today, that's a 70% return! Beats the heck out of the stock market...

by G-Man, 1 year ago

I'm sure you didn't frighten Darry off, Omen... :-)

And you didn't frighten Donk off either, he just got a bit irritated if any of us went off the subject of money.

by fruitcake, 1 year ago

Thanks fruiters I feel better now!

Yeah taking the price off the stamps was a bad idea for the post office.

Anyone want to bulk buy some stams only 45p each lol

by Omendata, 1 year ago

I remember the time when we used to receive mail two or in fact three times a day many years ago now.
My how the times have changed.

We only get the one delivery a day which doesn't arrive until 1.00-2.00pm, it's a shame if you're waiting for a document or even a birthday card and now we are expected to pay more for this depleted facility, still I suppose it's a sign of the times (I do tire of saying that.)

Btw prescriptions went up 20p to £7.40 also this week....sigh.

by LILLIE, 1 year ago

I'm sure the Royal Mail are getting less items to post as far as actual 'letters' and 'birthday cards' are concerned, but they must have a vast amount of Ebay items to deliver, and Amazon items .... well, all the internet shopping sites send items out by post and mostly by Royal Mail. I'd have thought this new trend of shopping online would go a long way to make up for business lost to emails.
Still, I love the post and would be so sad if it were lost. I can live with 46p or 75p cost to send a card. I remember we used to get 2 deliveries a day, but we never got 3 and I don't recall telegram boys at all.

by wendiew, 1 year ago

I can remember 2 deliveries... They only stopped that in 2003. The first post of the day always used to come around 7am, before I went to work which was great! Now it arrives sometime between 10:30 and 14:00. Grr. I can't remember 3rd posts or telegram boys though. When did they end?

by G-Man, 1 year ago

I can remember three deliveries a day and telegram boys probably back to the late fifties, possibly early sixties. And while we all love Royal Mail and Postman Pat, they are sadly becoming outdated along with everything else in life. But as Wendie says, parcel deliveries must be growing. But letters and parcels are two different things. As more and more people shop online, parcel deliveries ( be it Royal Mail of other multi-drop compamies ) will survive and survive well. Alas, I do see the role of the 6 day a week postie getting less and less.

by Snoopy48, 1 year ago

Yes me too Snoopy, before long they'll be asking us to go and collect it ourselves or maybe the carrier pigeon will make a comeback...

by LILLIE, 1 year ago

I wonder if the royal mail will stop using posties and set up the equivalent of post office box centres where everyone in a 1 or 2 mile radius will need to go to pick up their mail, rather than having it delivered to their homes? It'd probably keep costs down. Not sure how rural communities or the infirm would get their mail though!

by G-Man, 1 year ago

They might as well stop using them G-Man, ours is so inefficient I'd almost rather collect it myself.

by Feline123, 1 year ago

I guess I'm quite lucky living in a reasonably sized city less than a mile from the sorting office. I can just imagine how erratic it must be in villages...

by G-Man, 1 year ago

Too right, G-Man! We used to have a regular postie who knew everyone in the village and delivered the post without fail even if the addresses were a bit wrong or incomplete. Now we have a new one every few weeks and the post is really unreliable.

by Feline123, 1 year ago

As Bob Dylan sings Feline ... 'The Times, They Are A'Changin' .....

by Snoopy48, 1 year ago

We have the same problem, Feline, I used to know our regular postman, but now we have different ones all the time, and because I'm the last house in the street, I get all the mail for the addresses they can't find, which I duly try to deliver. They should be paying me!

by fruitcake, 1 year ago

Posts within the money.co.uk community represent the views, experiences and opinions of members only. They should not be taken as financial advice and should not be followed without further research.

Get our free money saving newsletter
Join over 480,000 other subscribers who grab our expert money tips, unmissable money guides & hottest bargains each week in our special email...

More Discussions for Postage

Join Our Community

Get fast answers to your money questions, Expert insight, top tips & much more...