Proposed price rise on stamps 'unreasonable'

THERE was angry reaction from the public and private sector yesterday to news that An Post is seeking a 14.5% increase in the price of a stamp from the communications regulator, ComReg.

The State's postal service was accused of using anti-consumer tactics in its attempts to turn around a dismal financial situation that last year saw it operate at a loss of €43 million.

Fine Gael MEP Simon Coveney called on ComReg to reject the request and criticised An Post for "relying on the consumer to bail them out".