Cost of sending letters will increase in January

Post Office hikes prices after 'strategic review'

The cost of sending a letter will increase in the new year.

The Isle of Man Post Office is introducing a new ‘pricing model’.

From 13 January it will cost 90 pence to send a local-to-local letter and £1 to send a letter to the UK.

It currently costs 85 pence.

There will be a single rate for sending standard large letters.

Sending mail internationally will also increase in price.

World zones are being removed which means there will be a single letter rate to all international destinations; large letter and parcel rates will be simplified to either EU or Rest of World.

Services including redirect, business reply and PO box services will also be hiked by an increase equivalent to CPI of 2.5 percent.

Isle of Man Post Office says the changes are as a result of a ‘strategic review’ of postal products, service and tariff offering and are ‘designed to meet customer needs and expectations’.

It says it will continue to offer lower local and UK parcel tariffs in 2025.

Chairman Stu Peters said: "The board has endeavoured to carefully balance affordability and value for money, against the backdrop of rising costs that ensure the continued provision of our high-quality services.

"We believe the price changes, together with the new product features, respond to our valued customers changing needs, and our commitment to remain the Island’s leading trusted delivery partner."

A further ‘tranche’ of price and product changes will also be introduced in February – further details will be provided at the start of 2025.