After concluding negotiations with Royal Mail over changes to its postal rates, Guernsey Post has announced changes to its own tariffs from 2nd April 2013.
Despite difficult trading conditions, the company will be increasing the cost of a local letter by just one penny, from 39p to 40p and by two pence for a UK letter, from 53p to 55p.
Boley Smillie, Chief Executive said:
"We have worked hard in negotiations with our suppliers and in managing our own costs to keep any increases to an absolute minimum. We are confident that our tariffs still compare favourably with benchmarks across the industry."
In the last year Guernsey Post has faced a number of significant challenges including further increases in charges from Royal Mail and the continuing decline in standard mail volumes. Of most significance to the company was the loss of Low Value Consignment Relief (LVCR) in April 2012, which resulted in a number of bulk mail businesses leaving Guernsey.
For customers wishing to find out more information, the full tariff is available to download here