By Marcus Leach

Royal Mail have been given the power to decide the changes to the pricing of all first class, and some second class stamps.

Ofcom have given them the power, following taking over regulating stamp prices from Postcomm earlier this month.

According to Ofcom the price change was justified due to the changes within the industry.

The only price capped would be the charge for second class letters, which is currently 36 pence.

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