Royal Mail 1st January 2021 Price Increases

Royal Mail 1st January 2021 Price Increases

Royal Mail 1st January 2021 price increases were announced this week with an 9p increase for a 1st Class stamp and an additional 1p for a 2nd class stamp.

That’s more than enough to upset Citizens Advice who assert that older generations still reply on the post for communications (I checked with my mum, she writes about 2 letters or cards a week plus about 100 Christmas cards and so at 9p extra per stamp an increase of around £20 a year is not an insignificant price increase when you’re on a pension).

Royal Mail’s Chief Commercial Officer has tried to pin the blame for the Royal Mail 1st January 2021 price increases on the Coronavirus pandemic and the cost of maintaining the Universal service, which delivers 6 days a week for a flat price to every house in the UK.

“Like other companies, 2020 has been a challenging year for Royal Mail. Our people have worked tirelessly to keep the UK connected throughout the pandemic and associated restrictions. These price increases will help us continue to deliver and sustain the Universal Service in challenging circumstances.”
– Nick Landon, Chief Commercial Officer, Royal Mail

What’s of more interest for marketplace merchants is what’s happening to parcel prices. Below are the tables setting out prices you’ll pay if you lick stamps or pay at the Post Office. The cost for large letters and small parcels is going up anywhere between 8p and 35p depending on weight and format. It’s worth noting that Royal Mail’s split is now around 60% parcels and only 40% letters.

Special Delivery by 1pm prices are going up about 15p depending on weight. Royal Mail Signed For is rising by 19p for 100g letter.

One thing you should definitely consider is you’re buying stamps is paying for your postage online with Click and Drop. Not only are prices cheaper online, but there are also additional services available such as Royal Mail Tracked 24 and Tracked 48. Also, a little bit of good news, Royal Mail Tracked 24 and Tracked 48 prices haven’t risen and Royal Mail Tracked with Age Verification has been introduced.

Domestic Parcelforce prices don’t appear to have changed for 2021, but for goodness sake never ever buy these services at the Post Office. You’ll find flat rate prices for parcels up to 30kg at senditnow.com, ranging from as little as £11.34 for a two day service dropped at the Post Office up to £13.54 for a next day service collected from your home or office.

If you are a Business account customer, you’ll find similar price rises for Barcoded Letters and Large Letters, Non-barcoded Letters and Large Letters and Parcels. Full rates for business customers can be found here.

Royal Mail 1st January 2021 price increases – Stamps

2020 Royal Mail Prices – 1st Class

Size

Weight up to and including

2020 Price

2021 Price

Increase

Letter 100g 76p 85p 9p
Large Letter 100g £1.15 £1.29 14p
250g £1.64 £1.83 19p
500g £2.14 £2.39 25p
750g £2.95 £3.30 35p
Small Parcel 1kg £3.70 £3.85 15p
2kg £5.57 £5.57 =
Medium Parcel 1kg £5.90 £6.00 10p
2kg £9.02 £9.02 =
5kg £15.85 £15.85 =
10kg £21.90 £21.90 =
20kg £33.40 £33.40 =

 

2020 Royal Mail Prices – 2nd Class

Size

Weight up to and including

2020 Price

2021 Price

Increase

Letter 100g 65p 66p 1p
Large Letter 100g 88p 96p 8p
250g £1.40 £1.53 13p
500g £1.83 £1.99 16p
750g £2.48 £2.70 22p
Small Parcel 1kg £3.10 £3.20 10p
2kg £3.10 £3.20 10p
Medium Parcel 1kg £5.20 £5.30 10p
2kg £5.20 £5.30 10p
5kg £8.79 £8.99 20p
10kg £20.25 £20.25 =
20kg £28.55 £28.55 =

Full rates for Royal Mail stamp prices from January 2021 can be found here.

Royal Mail 1st January 2021 price increases – Online

2020 Royal Mail Online Prices – 1st Class

Size

Weight up to and including

2020 Price

2021 Price

Increase

Letter 100g 76p 85p 9p
Large Letter 100g £1.15 £1.29 14p
250g £1.64 £1.83 19p
500g £2.14 £2.39 25p
750g £2.95 £3.30 35p
Small Parcel 1kg £3.58 £3.68 10p
2kg £5.47 £5.47 =
Medium Parcel 1kg £5.78 £5.83 10p
2kg £8.92 £8.92 =
5kg £15.85 £15.85 =
10kg £21.90 £21.90 =
20kg £33.40 £33.40 =

 

2020 Royal Mail Online Prices – 2nd Class

Size

Weight up to and including

2020 Price

2021 Price

Increase

Letter 100g 65p 66p 1p
Large Letter 100g 88p 96p 8p
250g £1.40 £1.53 13p
500g £1.83 £1.99 16p
750g £2.48 £2.70 22p
Small Parcel 1kg £2.95 £3.00 5p
2kg £2.95 £3.00 5p
Medium Parcel 1kg £5.05 £5.10 5p
2kg £5.05 £5.10 5p
5kg £8.79 £8.79 =
10kg £20.25 £20.25 =
20kg £28.55 £28.55 =

Full rates for Royal Mail online prices from January 2021 can be found here.

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