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MSE News: Second class stamp prices to be capped

"Details of a cap on the price of second class stamps for large letters and small parcels have been announced today..."

Comments

  • chardir
    chardir Posts: 229 Forumite
    Part of the Furniture Combo Breaker
    34% + inflation?! Some cap...
  • callum9999
    callum9999 Posts: 4,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I wonder why they even bother having a cap if it's that high!
  • ashcarrot
    ashcarrot Posts: 650 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    34%+inflation as an average over the 7 types. So find the highest earner increase that by 238% and the rest by inflation and do that in the first year too to get the most out of it ... if you were being sneaky that is.
    Money, Money, Money ..... Banks/Casinos/Bookies give me all you money its a poor mans world....
  • MarkLS12
    MarkLS12 Posts: 243 Forumite
    "Second class stamp price RISES to be capped" would be a better title.
  • Narc
    Narc Posts: 422 Forumite
    Wish I could get a 34% + inflation pay rise...
  • Doc_N
    Doc_N Posts: 8,554 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ashcarrot wrote: »
    34%+inflation as an average over the 7 types. So find the highest earner increase that by 238% and the rest by inflation and do that in the first year too to get the most out of it ... if you were being sneaky that is.

    It's 34% in total over the 7 years - not 34%pa!
  • Strapped
    Strapped Posts: 8,158 Forumite
    Bit late now when prices already jumped by up to 65% this year vs last (small packets under 100g £1.33 to £2.20 for example).
    They deem him their worst enemy who tells them the truth. -- Plato
  • Kite2010
    Kite2010 Posts: 4,308 Forumite
    Part of the Furniture 1,000 Posts Home Insurance Hacker! Car Insurance Carver!
    Is there any truth in the rumours that the "packets" sizing is going to be spilt into 3 (Small, medium, large), thus making 5 different sizes?
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    Not sure whether it's just sloppy journalism but there currently isn't such a thing as a second class parcel. Letter yes, large letter yes, small packet yes. But parcel no. It's a standard parcel.

    It may be nit picking - but not understanding the difference is the cause of numerous under/overpayments for postage.
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    That's very good return on investment in this Economy.

    Should have bought lots from Costco say 5 years ago.

    Amusingly, I could sell them on eBay, charge 50p for second class post, use one of the stamps to make ~10p ( envelope costs a few pence). Can't lose.
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