Tag: Europe

Royal Mail is urging UK businesses to take advantage of a financial rebate that will be available when its new Pricing in Proportion (PiP) system is introduced on 21 August 2006. The rebate is available to businesses that spend more than GBP100,000 on postage annually and expect to experience a rise in costs of over 50 per cent – based on usage from 7th April 2005 to 5th April 2006 – when the new pricing system is introduced. A refund of 40 per cent of the price increase will be available in the first year, and 20 per cent in the second year. Lorna Clarkson, Royal Mail’s director of pricing, explained: “Although 80 per cent of business mail will be the same price or cheaper to send when PiP is introduced in August, we are doing everything we can to support customers with the small proportion of mail that will be more expensive to send.”