Royal Mail is set to increase the price of a first class stamp by 30p, saying it's grappling with "urgent" financial challenges. The cost of sending a letter first class will rise to £1.65 on October 7 although second class stamps will remain at 85p. Back in April, first class stamp prices went up by 10p to £1.35, and second class stamps went up by the same amount to 85p. In the face of dwindling letter volumes, inflationary pressures, and rising costs of upholding the Universal Service

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