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<p>The Government does not have a role in Royal Mail’s commercial decisions, including
the prices of stamps and other services.</p><p> </p><p>In setting its prices, Royal
Mail must observe the regulatory framework set by Ofcom which imposes prices controls,
‘safeguard caps’, on certain second-class products to ensure a basic universal service
is available to all at affordable prices.</p><p> </p><p>On 24 January 2024, following
a public consultation, Ofcom announced its decisions regarding retail price caps on
Royal Mail’s universal postal services to apply from 1 April 2024 to 31 March 2027.</p>
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