Date: 07 March 2022
Isle of Man Post Office (IOMPO) needs to advise its customers of some forthcoming postage price changes with effect from 4th April 2022.
The price of a standard IOM/UK letter stamp will rise from 67p to 73p. This still offers customers good value, maintaining an affordable next-day UK network, and typically 90% plus UK-wide next working day delivery.
Prices for customers sending packets to Europe and the Rest of the World, and those using tracked services for international products, are unchanged. IOMPO aims to launch a replacement service for the suspended Parcelforce Global Express service very soon.
Letters destined for Europe and the Rest of World (excluding Australasia & USA) will be subject to a 3% increase. In keeping with Royal Mail pricing, a new destination zone to Australasia has been separated from the Europe and Rest of the World zones. Letter mail destined to the new Australasia zone (World Zone 2) is subject to an 18% price rise, a reflection of much higher international prices. Large letter, packet and letter rates for the USA (World Zone 3) will be increased by 5%, 6% and nearly 10% respectively.
Parcelforce and ancillary services, such as Redirect and Keepsafe, will be subject to a 6% increase.
Chris Thomas MHK, Chair of Isle of Man Post Office said: “A nearly 10% stamp price rise this year is needed to protect our first class postal service for letter mail and parcels. Like so many businesses, the Post Office is feeling the pinch of increased operating costs, for instance the cost of the mail plane has risen by 23.8% given the increased cost of petrol and oil.”
He continued: “Pricing is an important part of the IOMPO transformational strategy but despite that, IOMPO is proud to have maintained the lowest priced 1st class service in the British Isles”.
* Postage comparison table
|Postal Administration||2021/22 UK destined letter rate||2022/23 UK destined letter rate|
|Isle of Man Post Office||67p||73p|
|Royal Mail – 1st Class||85p||95p|
|Jersey Post||74p||To be announced|
|Guernsey Post||73p||To be announced|