'Prudent allocation policy for stamps is designed to limit

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'Prudent allocation policy’ for stamps is designed to limit retailers’ profits

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SIR – I want to assure customers there is no shortage of stamps available to buy. We have more than adequate stock to meet customer demand through around 45,000 outlets across the United Kingdom.

When the price of stamps increases on April 30, it is important that all of the proceeds of this price rise go to Royal Mail. We have lost £1 billion over the last four years. We need to put the universal service on a sound financial footing.

We are happy for retailers to receive the normal commercial return on stamps and no more than that. That is why we have put in place in February a prudent allocation policy to safeguard Royal Mail’s revenues and ensure there are more than enough stamps for people to buy both now and in the future.


Mike Newnham
Chief Customer Officer, Royal Mail
London EC4