Royal Mail (RM) has limited the number of stamps shoppers can buy in a bid to prevent people stashing them away ahead of this month's price hike.

There has reportedly been a run on stamps since the news was announced.

Customers can now buy a maximum of 20% of their annual allocation to ensure shops don't cash in on the higher prices and to protect RM's revenue.

Royal Mail has the problem licked

James Eadie, a spokesman for RM, said: "We do have a sensible allocation in place so that individual retailers can pre-order in advance of the price rise, based on their normal full-year expectations of demand.

"These allocations are in place for all retailers so we can balance the customer demand with the need to protect Royal Mail's revenues."

He added that the police is "prudent and appropriate".

The cost of a first class stamp is to rise from 46p to 60p after April 30th, while the cost of a second class stamp will also increase, from 36p to 50p.

The news, which was announced at the end of March, came almost immediately after Ofcom, which regulates the Royal Mail, loosened the price controls it exercises over Royal Mail.



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