The Royal Mail has said that it will have to raise prices for customers and cut costs amid the growing cost of living crisis.
After it was confirmed by the Office for National Statistics (ONS) yesterday that UK inflation has now risen to 9% – which is the highest the figure has been for the last 40 years – with prices hiked across a broad range of everyday goods and services during April, the Royal Mail has issued a statement this morning warning that it sees “significant headwinds” from rising costs – including wages, energy, and fuel.
In an attempt to bolster its position, the postal and courier service revealed that it aimed to make cost savings of £350 million over the course of its current financial year.
Today’s statement on price rises comes after the group already notably hiked the cost of posting letters by an average of around 7%, and parcel prices by an average of about 4% – which took the cost of a first-class stamp to 95p, and a second-class stamp to 68p.
But the Royal Mail says it still sees numerous threats from rising costs ahead, and claimed that it is now at a “crossroads”.
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The Royal Mail has said that it will have to raise prices for customers and cut costs / Credit: Geograph | Royal Mail
Explaining the current situation in its most-recent results statement, the Royal Mail said: “We are now at a crossroads.
“We need to deliver the benefits from change more quickly to deliver sustainable growth. We have made significant operational change already, but this needs to translate into real efficiency savings which deliver a financial benefit next year and beyond.
“Delivery of our existing agreements and the successful transition into the next agreements, as part of the current negotiations with the CWU, will be key to future profitable growth. We have made a substantial pay offer to our people which will enable the change we need to remain competitive, grow and secure their jobs for the future.
“Our market is changing quickly, and agility in our response is key.”
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The UK’s largest postal and courier service claimed it’s now at a “crossroads” / Credit: Royal Mail
Speaking more on the need to raise prices and cut costs going forward, Simon Thompson – Chief Executive at the Royal Mail – added: “As we emerge from the pandemic, the need to accelerate the transformation of our business, particularly in delivery, has become more urgent.
“Our future is as a parcels business, so we need to adapt old ways of working designed for letters and do it much more quickly to a world increasingly dominated by parcels.”
He added: “Our focus now is to work at pace with our people and our trade unions to reinvent this British icon for the next generations, so that we can give our customers what they want, grow our business sustainably and deliver long-term job security for our great team.
Rochdale AFC vs York City is set upto be one of the most blockbuster title-deciding matches ever
Danny Jones
In case you haven’t been keeping track of the absolutely incredible story that’s been unfolding in the National League, local club Rochdale AFC and York City have put on one of THE very best season-long shows in recent memory, and it’s all set to be decided this Saturday, 25 April.
Despite both teams having surpassed the 100-point mark and only losing 10 games between them – just four in the case of current ‘favourites’, York – it’s still anyone’s guess as to who could win the title.
One of the most divisive but undeniable dramatic things about non-league‘s top division is that only one team is promoted: the one that wins the lot and lifts the trophy.
At present, the table toppers need just a draw to claim victory and wrap up what has been nothing short of an incredible 2025/26 term, but Rochdale need all three points to pip them to the post after an equally praiseworthy campaign. We can all agree it would make for quite the Hollywood ending.
We’re obviously biased towards the Greater Manchester hopeful, but it’s worth mentioning that The Dale have been just as good value for money in terms of entertainment this year.
Having most recently finished with yet another late goal in (get this) the 99th minute of extra time against Braintree last weekend, it’s basically become a habit for them over the past few months.
Mani Dieseruvwe’s winner is just the latest in a long line of similar blockbuster moments for Rochdalians, both home and away: Luke Hannant won it in the 90th minute to beat Wealdstone in the previous game, Ian Henderson netted in the 97th against Sutton United before that.
There’s also been plenty of goals post the 80-minute mark, and so on and so forth.
Honestly, there have been so many of these at-the-death moments during the 25/26 contest; here’s just one of many examples that produced unbelievable limbs in recent weeks…
York City beat these boys 4-1 in the reverse fixture, but how will they fare on the road?
Weren’t not exaggerating when we say there’s been so much last-minute bedlam from both outfits that you’d think the novelty might have possibly worn off by now – a bit Ross and Rachel, ‘will they, won’t they?’. Rest assured, it absolutely hasn’t.
Not a little bit.
Currently sitting just two points behind their Yorkshire title rivals, with a goal difference of nearly 50 to boot, in most instances, this would be far and away enough to make it over the line most years.
However, the Minstermen have had other ideas, leading the pack pretty much from day one, not only racking up 107 points but also amassing a whopping 105 goals so far – quite literally the same number of points that Jimmy McNulty’s squad have in their entirety up to this point.
Truly staggering stuff, and not just in terms of the stats themselves, but because this could still prove not enough to lift the all-important piece of silverware and secure a place back in the EFL. It’s already produced plenty of hold-your-breath level viral clips on social media:
York City’s players reactions to Rochdale’s 99th minute winner to deny them winning the league😂😂😂
With that in mind, it’s no surprise that Rochdale have sold all of their home tickets to fill the max capacity of the 10,249-seater stadium as they prepare to host the league leaders at the Crown Oil Arena.
Equally, the entire 850 allocation afforded to fans travelling from York was snapped up in less than 10 minutes earlier this month, with supporters queuing around the ground at the crack of dawn to secure their spot in what will be an unforgettable and no doubt crucial away end.
We have no idea how things are going to pan out, especially given all the players and plot points that have made this one of the most box office title sporting contests ever (you heard), but we do know that it’ll be a day that stays with all those involved forever.
The two sides have even penned a joint statement ahead of this highly anticipated conclusion, reiterating this as the best advert for the tier teetering on the edge of the professional pyramid: “This Saturday’s game brings an end to one of the most thrilling, exciting and unpredictable title races in football history.
Both ourselves and Rochdale have the chance to write our names in National League history. The National League is no longer a non-league competition. It is effectively a League 3, with fully professional clubs operating at a level equal to or higher than many of those in League 2.”
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They all know how much this one game means not just for the respective organisations and fan bases, but their communities, culture and native areas on the whole.
Kyron Gordon wants Rochdale fans to bring the energy tomorrow 💥 An exclusive Kyron Gordon interview features in NL72 | Promotion Race Preview, which is free to watch on DAZN with no sign up required ▶️
It continues: “We both understand how important this game is to both clubs and supporters. We both pledge now that whatever happens tomorrow, we will both continue to fight for 3UP.
“Both clubs sit on over 100 points. One of us will have to fight once more in the National League Play-Offs. However, we both strongly believe that this shouldn’t have to be the case.
“We call on the National League, Football Regulator, EFL and Premier League to come together immediately and resolve this issue, so that we do not have to highlight this injustice year after year.”
Rousing stuff, to be sure.
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They sign off by adding: “For both sets of supporters attending the Crown Oil Arena this weekend, we say thank you for being with us all season. The passion you’ve shown for both clubs has been felt across the world. This game will be seen far and wide.
“We want to showcase this league for all its potential. Keep your support in the stands, not on the pitch, and let’s all protect the game we love. Thank you! Rochdale AFC & York City FC.”
Naturally, we’re wishing all the best for Rochdale, but who do you fancy to put a ribbon on this truly unreal title race?
Emily Sergeant -
19th May 2022 
