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Price of first class stamps to go up 30%


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Second class stamps are still price controlled. Just use second class, it's just as fast as first class anyway!

Well, the franking machine suppliers state- and I've found it to be true- that franked 2nd class arrives as quickly as stamped 1st class. Within the same post town, your comment's probably correct.

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Other than being able to afford the initial outlay are there any reasons why you couldn't buy thousands of pounds worth of stamps now at their current price then sell them in future for 5p less than the new price, making around 15 to 20% return on investment?(As long as they had 1st or 2nd rather than value on them)

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Other than being able to afford the initial outlay are there any reasons why you couldn't buy thousands of pounds worth of stamps now at their current price then sell them in future for 5p less than the new price, making around 15 to 20% return on investment?(As long as they had 1st or 2nd rather than value on them)
So when they put the price up they'll issue a new range of stamps of a different colour, or with the price instead of the service level so that the new first class stamps will be distinguishable from the old ones.

 

Then letters posted with the old stamps will be treated as having insufficient postage.

 

If they are going to put the price up by such a large amount you can bet they already thought of people using pre price rise stamps.

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So when they put the price up they'll issue a new range of stamps of a different colour, or with the price instead of the service level so that the new first class stamps will be distinguishable from the old ones.

 

Then letters posted with the old stamps will be treated as having insufficient postage.

 

If they are going to put the price up by such a large amount you can bet they already thought of people using pre price rise stamps.

 

I doubt. They've never done it before. If you have a million first class stamps in stock you've prepaid to post 1 million 1st class letters.

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I do realise that, you do realise that they get a heavily discounted rate.

 

But that's besides the point, how often do you buy and use stamps? If it's any more than...5 times in a year, you need to discover e-mail.

 

There's always a massive thing in the news about postage going up and I'm like, you can get an object from one side of the country to another in less than a day for 60p, why are you complaining.

 

 

 

I work for a small company that CANNOT send correspondence via e-mail due to confidentiality reasons but we don't send out enough post to warrant a franking machine. This increase in postal charges will have a detrimental effect on our business.

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So when they put the price up they'll issue a new range of stamps of a different colour, or with the price instead of the service level so that the new first class stamps will be distinguishable from the old ones.

 

Then letters posted with the old stamps will be treated as having insufficient postage.

 

If they are going to put the price up by such a large amount you can bet they already thought of people using pre price rise stamps.

 

 

 

Stamps have had 1st or 2nd on them now for quite a number of years and they have always been valid after price increases. If the Royal Mail decide due to the exceptional large increase this time to not just put 1st or 2nd on the stamps and to actually put on a value then it will be the first time in quite a number of years.

 

Quite a number of people haven't realised that when stamps have gone up in price that the previous stamps are still valid and that "top-ups" have never been required.

 

I think more people are now aware of this, so maybe Royal Mail may change things this time especially with the cost increasing by such a large amount.

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A first-class stamp will rise in price from 46p to 60p from 30 April after the regulator lifted some price controls on Royal Mail.

 

The 30% price rise in first-class stamps, and 39% rise for second-class, mark record annual increases. Ten years ago, a first-class stamp cost 27p, and a second-class cost 19p.

 

Better start bulk buying before the costs soar even more.

 

You still send letters in this day and age ? :hihi:

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