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First-class stamp price to be hiked to £1.65 by Royal Mail

Source: BBC

Royal Mail has announced it will hike the price of first-class stamps by 30p due to "very real and urgent" financial challenges.The increase, which will kick in from 7 October, will see the price of a first-class stamp rise to £1.65p, while second-class stamps will remain at 85p.The company said it was facing pressure from declining letter volumes and rising business costs in maintaining the…

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Read the original source at BBC