The increase in postage stamp prices announced last week is a temporary fix that will give An Post time to plan further strategic decisions, according to its chief executive David McRedmond.
Stamp prices will rise from 72 cent to between 90 cent and €1 in January, a measure expected to add €30 to €40 million a year to An Post’s revenue on top of the approximately €600 million a year it makes from mail overall.
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