Royal Mail apologised for raising the price of a second class stamp above the cap set by Ofcom (Image: GETTY)
On Friday it announced the cost of a first class stamp would go up by 3p to 70p and a second class stamp would increase by the same amount to 61p on March 25. But Ofcom’s price cap of 60p for a second class stamp will remain in place until April 1. Shortly after the announcement Royal Mail issued an apology for the mishap and said it would not keep the money gained from the extra cost.
Royal Mail said more and more people are using email instead of sending letters (Image: GETTY)
A spokesman for the company said: “We apologise for this mistake.
“We are putting this right by donating the revenue that we expect to collect from the error - around £60,000 - to our chosen charity Action for Children, which helps disadvantaged children across the UK.”
Ofcom said Royal Mail had told them about the price rise but did not
