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.
Former care home worker who defrauded elderly woman out of £300k arrested after fleeing to Spain
Emily Sergeant
A fraudster former care home worker who’s been on the run for almost a year has finally been arrested in Spain.
Pamela Gwinnett has been arrested in Tenerife, where she fled to in 2025, and will be returned to the UK to face justice for her crimes.
The arrest comes after a meticulous investigation by Greater Manchester Police (GMP) where Gwinnett was found guilty of defrauding an elderly woman, named Joan Green from Chorley in Lancashire, out of almost £300,000 while she was employed as a caregiver at a nursing home.
Gwinnett fled the UK for Tenerife in 2025 in an effortto evade authorities, GMP said.
She was convicted and sentenced to six years in prison in her absence back in October 2025 for a number of offences, including fraud by abuse of position and theft , and at a subsequent Proceeds of Crime hearing, an order for £300,000 was granted… but up until this week, Gwinnett has been on the run and police have been trying to track her down.
Greater Manchester Police (GMP) worked alongside the National Crime Agency (NCA) and Spanish authorities to locate Gwinnett and begin the process of her return to the UK where she will serve her sentence.
Speaking in reaction to Gwinnett’s arrest this week, PC Georgia Loughton, who was the GMP officer in charge of the investigation, said: “I am pleased that Pamela Gwinnett will be returned to the UK where she will serve her sentence.
“Gwinnett knowingly defrauded a vulnerable woman out of almost £300,000, cutting off all contact with her family and controlling every aspect of her life.
“She was trusted by Joan, and she used this position of trust to her own financial gain. Joan was isolated from her family and denied from seeing her grandchildren and their children.
“Sadly, Joan passed away in 2022, however we hope that the return of Gwinnett to the UK to serve her sentence gives Joan’s family a sense of justice as they look to move on with their lives.”
Featured Image – GMP
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Micah Richards reveals dad ‘unexpectedly’ died shortly before going on air for England v Argentina last night
Emily Sergeant
Micah Richards has revealed that his dad died shortly before he went on air for the World Cup semi final last night.
The former right back – who most-notably played for Manchester City for a decade from 2005-2015, and for the England national team from 2006-2012 – was one of the BBC’s pundits providing on-air analysis last night as England faced Argentina in a highly anticipated semi final of the 2026 FIFA World Cup last night.
The two teams faced off in Atlanta, and while goals came from both sides, it was ultimately Argentina that reigned supreme – securing a 2-1 win over the Three Lions.
But while much of the country is grieving the fact that football won’t be ‘coming home’ (well, for another two years at least), Richards is grieving on a deeper level.
He took to Instagram after the loss last night to share with his 1.4m followers that shortly before he went on air, his father Lincoln passed away ‘unexpectedly’ – calling him the ‘proudest parent possible’ in a touching tribute.
“He has left us all too soon,” Richards began in his tribute.
“Hwas my greatest fan. He barely missed a game my entire life. He would take me wherever I needed to go when I was a kid and he was the proudest parent possible during my professional career. It was so rare for him to not be by my side.
“I know how much watching England World Cup games means to everyone at home, and how the experience bonds families together across the generations, like nothing else.
“I know, particularly as a proud old-school Yorkshireman, dad would’ve wanted the show to go on this evening. And so it did.”
Emily Sergeant -
19th May 2022 
