Monday, December 23, 2024

‘I’ve bought 100’: stamp stockpiling before first-class price hike

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During the first lockdown, it was all about stockpiling loo paper. Today it is stamps that people are hoarding.

On Monday the price of a first-class stamp will rise by 30p to £1.65, which represents the seventh increase in five years.

The price has doubled since March 2022, when it cost 85p to send a letter first class. Royal Mail blames “a very real and urgent financial sustainability challenge”.

In recent days, customers have been posting photos on social media of the piles of first-class stamps they have purchased from post offices or retailers to beat the rise.

Stamps bought today for £1.35 can still be used tomorrow, next week, at Christmas and beyond — even though the price has gone up.

Nicholas Royle, 61,

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