Stamp Prices | Huge Hikes Of Up To 70% In Cost To Send Parcels - Only A Week After Jump In Stamp Prices

~li~ Cost of sending letters and packets beneath 750g rises by median 15%

Cost of sending initial category parcel beneath 100g soars by 70%

By Chris Parsons

PUBLISHED: 15:16 GMT, 3 April 2012

The Royal Mail has suggested it will travel up the cost of sending a few packages by 70 per cent, in a pierce branded 'unfair' by business experts.

The definite had formerly done incremental charges on packages weighing up to 750g, but is set to reinstate the pricing network by charging a typical prosaic rate for packages up to that weight.

Following Royal Mail cost hikes to be introduced after that this month, all postage weighing up to 750g will right away cost 2.70 to send.

The postage cost for a initial category package weighing up to 100g is currently 1.58. The new network will see this cost way up by 1.12 - an enlarge of 70 per cent.

Under stream pricing, postage for a package weghing 0-100g expenses 1.58 initial class, 250g cost 1.96, 500g cost 2.48 and 750g cost 3.05.

The previous network authorised really tiny things to be delivered for less, but that is all set to change once the new make up is introduced.

Royal Mail mentioned it has had to enlarge prices as the losses it has done in new years are creation its business 'unsustainable'.

Royal Mail orator James Eadie said: 'Over the final 4 years Royal Mail has done a loss in its core mails business, inclusive packets, of roughly 1 billion.

'Our prices for packets must be simulate the cost of handling and delivering them.

'The cost of the hammered and scale parcel services will enlarge by on median 15 per cent.

'There will moreover be two weight stairs up to 1kg instead of five.

'For a few customers this means cost increases. For others it means cost decreases.

'The changes improved simulate the cost of h! andling packets which frequently cannot be delivered by the letterbox.'

The changes advance after Royal Mail moreover voiced a 14p way up on the cost of a initial category stamp.

A second-class stamp. currently 36p, will burst to 50p, a way up of 39 per cent. By comparison, many workers pay is possibly refrigerated or taking flight at reduction than 2 per cent a year.

Royal Mail will be able to go on to elevate its prices as frequently – and by as ample – as it likes after postal regulator Ofcom did away ith stream cost controls.

Phil Orford, arch senior manager of the Forum of Private Business, branded the ultimate cost travel as one which 'won't make sense' to business users.

He said: 'This travel frequency seems satisfactory or proportionate. The smallest of parcels are right away charged the same as a ample incomparable one.

'It only won't make clarity to users. At a time when the cost of carrying out business is stepping up for tiny firms this is simply not on.'