Magazines face higher post fees

A ROW has broken out between the UK’s magazine industry and the Royal Mail over new postal charges which, it is claimed, could lead to the closure of a large number of magazines.
The magazine industry says the Royal Mail could lose up to £50 million in revenues, money that its parent company Consignia, which will this week announce huge losses, can ill-afford to forgo.
Allan Leighton, chairman of Consignia, has been told that new pricing proposals based on a magazine’s size would wipe out some tabloid publishing. Magazines facing the largest price rises are the weekly A3-formats, such as Campaign or Marketing and a host of computer titles.