Money, investing, mutuals etc
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Richard Frost
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by Richard Frost » Wed Feb 23 2022 1:55pm
fanny15 wrote: ↑Wed Feb 23 2022 1:05pm
xrppzi wrote: ↑Wed Feb 23 2022 8:54am
There is a problem with this - we have sent stamps in the post before and they got lost. When we contacted Royal Mail and tried to claim for the loss, we were told they count as cash which is not reclaimable.
If it was a sizeable amount, wouldn't using Special Delivery have this covered up to £500 ?
Probably.
But why should anyone have to pay to exchange their stamps or even use up some of their stock Just because the Post Office has decided that the ones they have are no longer of any value.
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expressman33
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by expressman33 » Wed Feb 23 2022 7:03pm
Sarah wrote: ↑Tue Feb 22 2022 10:08am
Are you on the TNS postal panel? I am, which is one of the reasons why I have so many unused stamps (they "pay" us in stamps for some of the activities)!
yes
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pabenny
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by pabenny » Sat Feb 26 2022 1:56pm
I'm pretty well stocked with first class but would be open to buying 2nd class. PM if you're interested
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pakefield
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by pakefield » Sat Mar 05 2022 1:22pm
If you are going to use them then now is the time to buy your stamps. And with luck the PO's will be exchanging them for the new style ones when the time comes. 10p is a hefty increase though.
Same as Pepsi Max which we occasionally buy. Corner shop sold them 55p a can or 2 for £1. Now they are 65p a can and no reduction for buying two. Which basically means the shopkeeper is out of pocket as per usual.
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expressman33
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by expressman33 » Sun Mar 06 2022 1:34pm
In March 2019 a first class stamp cost 65p , now will be 95p , thats a 46% increase in 3 years
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Richard Frost
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by Richard Frost » Sun Mar 06 2022 4:13pm
Unsurprising, less post is being sent, Royal Mail is serving more households. Two salient fact that make the running of the service very expensive. Letter volumes have declined by more than 60% since their peak in 2004/5, and around 20% since the start of the pandemic.
As the cost goes up the less letters sent and the number of household delivered to will continue to increase. I do not see the price decreasing any time soon.
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MrsBear
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by MrsBear » Mon Mar 07 2022 10:33am
Richard Frost wrote: ↑Sun Mar 06 2022 4:13pm
As the cost goes up the less letters sent and the number of household delivered to will continue to increase. I do not see the price decreasing any time soon.
or ever.....
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poland71
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by poland71 » Fri Apr 01 2022 10:07am
Well further details are now released on "handing in" old style 1st and 2nd class stamps.
Customers can change £200 worth of stamps using a standard form. However, those with more will be forced to ask for another type of form, complicating matters for those who have bulk bought.
Any post sent after January 2023 using a traditional stamp will be treated as having no postage at all and therefore be liable to a surcharge of £2.50 for a letter and £3 for a small parcel.
So with 1st class stamps being worth 95p from next week, £200 isn't going to cover many stamps on the initial standard form!
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Sarah
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by Sarah » Fri Apr 01 2022 10:23am
Looking at the
MSE article (but no further) it might also be possible to submit multiples of the standard (£200) form:
There's no limit to the number of forms you can request.
This is good to know:
Royal Mail advised that those sending Bulk Swap Out forms send them via Special Delivery. The additional cost to do this will then be refunded to the equivalent value in barcoded stamps.
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