Summary
A RADICAL shake-up of the postal market is set to herald an increase in the price of stamps in a bid to safeguard the six-day-a- week universal service, it was announced yesterday.
Ofcom, the industry's new regulator, unveiled a raft of proposals aimed at giving greater commercial freedom to the Royal Mail, including handing the firm the power to set the price of first class stamps - currently among the cheapest in Europe at 46p.See the full content of this document
Extract
Stamp Price Hike to Protect Six-Day Service
The regulator is proposing a cap on second class stamps of between 45p and 55p, compared with the current 36p, but the price will also increase in ...
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