Tuesday, December 06, 2005

First class stamps to go up by 2p

Just recently, first class stamps in the UK will rise from 29p to 32p. There is a possibility that first and second class stamps will rise by 3-4p by 2010. Originally, the Royal Mail wanted to charge 39p for first class stamps and 27p for second class stamps. The justification for this increase in price is that it will help pay for modernization and the hole in the pension fund. This is will provide an extra �1.2 billion dollars. In the U.S. we have seen our price in stamps rise to 37 cents. Do you think that if the UK has to keep raising its price in stamps that people will start to e-mail more? How high can the price go before people find an alternative price? Or will people just pay the price no matter what?

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