Stamps up 20%

Not really a great surprise; it is generally accepted that the Tories want to privatise Royal Mail and they are bound to do whatever they can to make it as palatable as possible to some of Cameron's Dinner Guests ;)
 
What's a stamp?

Seriously, I'm fairly sure the last time I had to send something with a stamp on it was... to the government I think, when I had to send off part of the V5C for my "new" car? Is that right? Or was that recorded? I don't even remember.
 
[TW]Fox;21563004 said:
So you are telling me that somebody will collect a document I've posted from a box near my house, take it to a depot, sort it, put it on a plane or a truck, drive it to the other side of the country, sort it again, put it on a van and personally deliver it to the house of my choice?

And all they want to charge for this is... 60 pence?!

Economies of scale.

In tesco a pack of paracetamol is 19p for 16.

So for 19 pence, someone will

Make the 16 capsules.
Make the blister pack out of plastic
Make and print the aluminium foil thingy that seals the plastic
Make the cardboard box
Make the inner leaflet
Make the outer packaging for distribution.

Then they will take the product and deliver it to Tesco Distribution
Tesco will then take the product from distribution and deliver it to the local store
And then sell it to me.
And then we also have the profit of
  1. Medicine Maker
  2. Tesco

All for just 19p?
 
Ridiculous price hike. How the hell can they justify this?

Not surprising really with the popularity of email and alterrnate delivery services to parcelforce such as DHL, they're trying to make money back from the humble stamp.

http://www.independent.co.uk/news/b...rst-step-to-a-private-royal-mail-7593591.html

".. it was under threat from "declining volume, e-substitution and ever-increasing competition", factors which have led Royal Mail's core services to lose £1 billion over the last four years. The company is £1.7bn in debt, with a £9.5bn deficit in its pension fund. The Government has agreed to clear £1bn of the debt and take on the pensions deficit, but it is eyeing a potential £4bn windfall should it choose to sell off the business to the private sector.

Ofcom has imposed a cap of 55p on the cost of second-class stamps for the next seven years. "
 
60p to send a letter anywhere in the country and for it to arrive next day, still seems good value for money tbh!

This TBH. Kiwi post charge more than royal mail and we get charged different amounts depending on how far it goes and if it is rural or not. I have no idea how royal mail do the single price stamp as it seems like a silly pricing structure.
 
yes it too much and i work for university as mailroom staff for 15 years, a rise often go higher cos Royal Mail peinson fund is really bad debt and rise of stamp wont help anything as people prefer for email or e stamp instead of posting mail that woulf hsppen in future mail system will be replace by e stamp via computer or phone or tablet
 
Won't all those people who try to use old first class stamps just be told the value of the stamp they are using isn't of sufficient value to cover postage?
Or the person receiving the mail will end up paying the difference?
 
Won't all those people who try to use old first class stamps just be told the value of the stamp they are using isn't of sufficient value to cover postage?
Or the person receiving the mail will end up paying the difference?

That's why they stopped putting the price on years ago and they just say 1st or 2nd class. They will be valid no matter what the current price is or when and how much you paid for them.
 
Not surprising really with the popularity of email and alterrnate delivery services to parcelforce such as DHL, they're trying to make money back from the humble stamp.

http://www.independent.co.uk/news/b...rst-step-to-a-private-royal-mail-7593591.html

".. it was under threat from "declining volume, e-substitution and ever-increasing competition", factors which have led Royal Mail's core services to lose £1 billion over the last four years. The company is £1.7bn in debt, with a £9.5bn deficit in its pension fund. The Government has agreed to clear £1bn of the debt and take on the pensions deficit, but it is eyeing a potential £4bn windfall should it choose to sell off the business to the private sector.

Ofcom has imposed a cap of 55p on the cost of second-class stamps for the next seven years. "

10bn pensions deficit, good god, just how long was that brewing while no one was looking?
How many employees has royal mail?
Wonder how many are currently on pensions?
 
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