Belfast Telegraph

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Cost of stamps set to rise

A radical shake-up of the postal market is set to herald an increase in the price of stamps in a bid to safeguard the six-day-a-week universal service, it has been announced.

Ofcom, the industry's new regulator, unveiled a raft of proposals aimed at giving greater commercial freedom to the Royal Mail, including handing the firm the power to set the price of first class stamps.

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