Royal Mail stamp price rises to £10 for one book

A book of first-class stamps will cost £10 after Royal Mail raised prices for the second time in six months, despite failing to hit its delivery targets.

Yesterday the company announced that it would increase the price of a first-class stamp from £1.10 to £1.25 from October 2, a rise of 14 per cent.

The increase means that the price of a first-class stamp is now 30p, or 31 per cent, higher than it was in March, an increase of more than four times the rate of inflation.

The price of a large letter going first class will rise by 35p, more than 20 per cent, and a second-class large letter will cost an extra 40p, an increase of more than 33 per cent.

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