Royal Mail stamp prices are going up again. Both First and Second Class stamp prices are going up by 2p from the 26th March. This will mean that First Class letters will cost 67p and Second Class letters will cost 58p.

Explaining the rates increase, the company said: “Royal Mail understands that many companies and households are finding it hard in the current economic environment. As a result, we have considered any pricing changes very carefully and in doing so have sought to minimise any impact on our customers.

“We are making these changes to help ensure the sustainability of the Universal Postal Service.”