Financial Times FT.com

Royal Mail seeks 6p rise on stamps

By Jean Eaglesham, Chief Political Correspondent

Published: February 26 2007 22:07 | Last updated: February 26 2007 22:07

Royal Mail is to call for a 6p rise in first and second class stamp prices under a radical relaxation of regulatory controls the state-owned postal operator will argue is necessary to its survival.

Businesses would also lose the legal right to have franked mail delivered to every address in the UK according to the proposals, which Royal Mail will this week put to Postcomm, its regulator.

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