Er... this is Labour policy put forward years ago, it has taken this long to move many legal hurdles into place over the years.
The Royal Mail makes a loss year on year due to the restrictions on trade governments have put on them. Now they are free to charge the true market value instead of your tax money paying for it through the backdoor as happened under Labour.
60p to get a letter from mine to say Cornwall in <24hrs is a bargain. Save on the stamp and take it yourself and work out the difference![]()