The price of a first-class stamp will rise by 5p to £1.70 on 7 April, Royal Mail has introduced.
It can additionally increase the value of a second-class stamp by 2p to 87p on the identical day.
The corporate mentioned the choice rigorously thought of “balancing affordability with the growing price of delivering mail”.
Residents Recommendation described the change as “yet one more blow to shoppers”, and mentioned the change to the second class worth was “unjust”.
The variety of letters Royal Mail delivers has fallen from a peak of 20 billion in 2004-05 to six.6 billion final yr.
Nonetheless, the value of stamps has continued to rise. Since 2022, Royal Mail has already hiked the price of a first-class stamp 5 instances from 85p to £1.65.
The following improve, in April, was the consequence – it mentioned – of delivering fewer letters to extra addresses.
“We at all times take into account worth adjustments very rigorously however the price of delivering mail continues to extend,” mentioned Nick Landon, chief business officer at Royal Mail.
“A fancy and in depth community of vehicles, planes and 85,000 posties is required to make sure we are able to ship throughout the nation for simply 87p.”
However shopper advocate Residents Recommendation mentioned tens of millions of individuals could be compelled to pay extra whereas additionally affected by postal delays.
“It is unjust for Royal Mail to boost the value of a second-class stamp, whereas the regulator Ofcom seems at decreasing second-class deliveries to alternate weekdays,” mentioned Tom MacInnes, the charity’s director of coverage.
“As first-class stamps have gotten unaffordable, folks might be compelled by worth pressures into selecting a slower service.”
In January, regulator Ofcom proposed that Royal Mail ought to solely ship second-class letters each different weekday and never on Saturdays to guard the way forward for the UK’s postal trade.
The one-price-goes-anywhere Common Service Obligation (USO) means Royal Mail has to ship put up six days every week, from Monday to Saturday, and parcels on 5 from Monday to Friday.
Ofcom has launched a session on the brand new proposals, which is open to the general public till 10 April. A call is predicted in the summertime.
Royal Mail’s mother or father firm is being bought to a enterprise managed by Czech billionaire Daniel Kretinsky in a deal price £3.6bn, after the Labour authorities accepted the deal final yr.
The federal government will preserve a “golden share” which suggests Mr Kretinsky’s enterprise should get approval for any adjustments to Royal Mail’s possession, the placement of its headquarters and its tax residency.
Royal Mail should additionally adhere to the USO, which Mr Kretinsky has pledged he’ll do for “so long as I’m alive”.
