Isle of Man Post Office has announced an increase in charges which come into effect from October 25.
The PO has said increase are needed because of costs owing to Brexit, customs changes, increased fuel and aircraft costs, as well as rising costs for onward delivery into the UK and internationally.
The changes will see increases of up to 8% to some postal product tariffs with the prices for ancillary mail products such as Redirections, PO Boxes, collections and accelerated delivery services unaffected. The price of a standard local and UK letter will rise by 5p to 67p, however this is still lower than the UK’s 85p first class letter price.
Post Office chairman Julie Edge MHK said: ‘IOMPO tariffs remain good value, and the Board are committed to ensuring the quality and sustainability of our services to all our customers and as we continue with our five year strategy to transform the business in the years to come, the new prices will help to achieve this and protect IOMPO’s proud self-funding status.’