07.04.11 - Annual stamp price rises
Following Royal Mail price increases announced on Monday, the cost of posting a letter in Jersey will rise on 3 May 2011.
The price of a ‘Standard’ local stamp (up to three day delivery) is going up by 1p from 36p to 37p and the price of a ‘Priority’ local stamp (next day delivery) is being increased by 3p from 39p to 42p. The increases are all within the price control limitations agreed with the Jersey Competition Regulatory Authority.
A summary of the main stamp increases is below:
| |
2010 Price
|
2011 Price
|
| Local Standard Letter (100g) |
36p
|
37p
|
| Local Priority Letter (100g) |
39p
|
42p
|
| Local Standard Large Letter (100g) |
54p
|
55p
|
| Local Priortiy Large Letter (100g) |
60p
|
64p
|
| UK, IOM, and Other CI Letter (100g) |
45p
|
50p
|
| UK, IOM and Other CI Large Letter (100g) |
72p
|
79p
|
Jersey Post’s Service Delivery Director, Gary Carroll, said: “We have worked hard to keep local mail price increases to a minimum, but with mail volumes continuing to decline, a small increase is inevitable if we are to remain financially self-sufficient. By keeping the increase for the Standard service for local mail to just 1p, we are able to offer a cheaper service for those customers who do not require a next day service for their items.
Over 60% of mail generated on the island is exported to UK, European and international addresses and Jersey Post works in close partnership with the Royal Mail for onward delivery of these items. The recent increases imposed by Royal Mail means that Jersey Post has little alternative but to increase our own prices in these areas accordingly.”
Jersey Post is currently undergoing fundamental changes to make significant savings and improve efficiencies that will enable the organisation to adapt and tailor its services in response to the current challenges in the postal market and yet remain wholly self-funding. The organisation has introduced substantial savings since 2010, including reviewing its manpower requirements and efficiencies, which will achieve a cost reduction of £4.9million by the end of 2011.
A full 2011 price list is available by clicking here.