Royal Mail to raise first-class stamp price

Oct. 24, 2011 - PRLog -- Ofcom, the new postal regulator, is proposing to let Royal Mail set its own prices for first-class post. The price of second-class stamps will still be regulated, to ensure that those on low incomes can afford to use the post, but there are fears that the changes will create an exaggerated two-tier service.
The cost of sending post first class is likely to increase as Royal Mail looks for more revenues to counteract collapsing mail volumes and rising costs.
George Bevan, Managing Director of The Mailing Room commented; ‘Increasing the cost of first class postage further will bring increased pressure on businesses to review the costs of sending out their mail. This will further widen the gap between the cost of using standard postage stamps and the cost savings gained by using alternative postage system such as franking machines and downstream access providers.’
‘Businesses currently do not feel they get a good deal for the service they are getting now by using stamps. If prices for these services increase even further, businesses will be appalled.’
Prices were previously increased by the RPI measure of inflation.
The changes will be outlined in a consultation document which Ofcom could publish as early as this week. Ofcom and Royal Mail declined to comment.
To find out more information about The Mailing Room, please feel to contact us on 0161 797 7778 or visit www.themailingoom.com
Editor’s Notes   
The Mailing Room is a leading services provider, with a comprehensive range of products & services within its areas of excellence; being franking machines, postal services, stationery, consumables and asset finance to create cost savings in the business mail process. By delivering a ‘one stop shop’ for UK businesses to single source mailing room supplies, The Mailing Room provides the highest level of service and market leading pricing to reduce our customer’s overall costs. Our aim is to become a long term partner with all our customers to help them plan their mailing room requirements and simplify the procurement process.
The company has grown quickly since its inception in 1999 to servicing over 10,000 customers nationwide, in both the commercial and public sector.  This growth has been fed by working closely with best of breed suppliers, including an exclusive distribution for the north of England and public sector for the FP range of franking machines.
Contact for Editors: Andrew Parmenter, Marketing Manager on Andrew.parmenter@themailingroom.com or call 0161 797 7778

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The Mailing Room specialise in reducing the costs of your mailings by lowering the postage costs of your in-house franking machine system. We do this by ensuring that you are using the most cost efficient postage service.