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.
Three children sustain ‘serious injuries’ after falling from top deck window of school bus
Emily Sergeant
Three children have sustained ‘potentially serious injuries’ after falling out of a window on the top deck of a double-decker school bus in Greater Manchester.
The shocking incident happened shortly before 4pm yesterday afternoon (7 January 2026) on Bolton Road, in the Ashton-in-Makerfield area, and according to Greater Manchester Police (GMP), the children sustained ‘potentially serious injuries’ in the process, although they are not thought to be life-threatening.
An investigation into the incident is currently in the early stages, but GMP Inspector Simon Barrie said in a statement that it appeared to be an ‘unfortunate accident’.
“This is a serious incident that will cause disruption,” Inspector Barrie said. “Our priority is to make sure the children get the treatment they need in hospital. Thankfully we don’t believe their injuries are life-threatening.
“This does appear to be an unfortunate accident at this time, but we will be making enquiries as to the circumstances and liaising with partners.”
Transport for Greater Manchester (TfGM) also confirmed that said it is ‘working closely’ with the bus operator in supporting police with their enquiries into the incident.”: “Our thoughts are with those injured and we want to wish them a speedy recovery.
“Emergency services remain at the scene, and we are working closely with the bus operator in supporting police with their enquiries into the incident.”
It’s believed, according to Councillor Danny Fletcher, of the Ashton-on-Makerfield South ward – who posted to Facebook after speaking to police – that the young people fell from a top floor-side window of a school bus and were subsequently taken to Manchester Children’s Hospital for treatment.
Featured Image – GMP
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Mandatory eye tests could be introduced for drivers over 70 in the UK
Emily Sergeant
Mandatory eye testing could be introduced in the UK as part of the first road safety strategy in more than a decade.
According to Government statistics, approximately four people die on Britain’s roads every day, with thousands more seriously injured each year, but through targeted action on speeding, drink and drug driving, not wearing seat belts, and mobile phone use, it’s expected that thousands of these tragedies can be prevented.
In fact, the new road safety strategy sets out an ‘ambitious’ plan to reduce deaths and serious injuries on Britain’s roads by 65% before 2035.
With the number of older drivers continuing to rise year on year, in line with Britain’s ageing population, a consultation on mandatory eyesight testing for those over 70 will be launched, the Government has announced, while options for cognitive testing will also be developed to protect all road users.
Mandatory eye tests could be introduced for drivers over 70 in the UK / Credit: David Travis (via Unsplash)
On top of this, measures to tackle inexperience behind the wheel by introducing a minimum learning period for learner drivers, and lowering the alcohol limit for driving for the first time since 1976 to help prevent causes of collisions, are also to be discussed.
This strategy sets out a new approach to reverse a decade of ‘stalled progress’, according to the Department for Transport (DfT).
It includes the internationally recognised Safe System approach, which acknowledges that while human error is inevitable, deaths and serious injuries are not, and rather than placing responsibility solely on individual drivers, the system ensures that road design, vehicle safety, enforcement and education work together to protect all road users.
We've launched a new Road Safety Strategy, aiming to cut deaths and serious injuries on Britain’s roads by 65% by 2035.
Key points include: – tougher action on drink driving – minimum learning periods for learner drivers – mandatory eye tests for older drivers
— Department for Transport (@transportgovuk) January 7, 2026
A new Road Safety Investigation Branch will be set up to analyse collision patterns and inform prevention strategies.
The branch will draw on linked police and healthcare data to identify root causes and make sure any interventions are more effectively targeted.
Transport Secretary, Heidi Alexander, described the strategy as a ‘turning point’, adding that: “We are taking decisive action to make our roads safer for everyone, from new drivers taking their first lessons to older motorists wanting to maintain their independence.