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Royal Mail Announces Stamp Price Increase

The cost of a first class stamp is to rise by 2p to 62p, while second class mail will cost 3p more at 53p, the now-privatised Royal Mail (Other OTC: ROYMF – news) has announced. The increases will come into force on March 31 – two years after the last rise in stamp prices. It comes after Royal Mail vigorously denied a Sky News story last year by City Editor Mark Kleinman that the firm's boss …

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