News retailers have praised publishers DMG Media and Reach for including pro rata percentage profit margins as part of price increases to their weekend titles.
From Saturday, March 12, the UK’s best-selling Saturday and Sunday newspapers will be increasing their cover prices by 10p each day.
Saturday’s Daily Mail will move to £1.20, with The Mail on Sunday increasing to £1.90. The same applies to Saturday’s Scottish Daily Mail, The Scottish Mail on Sunday and the weekend editions of the Irish Mail, in Northern Ireland only.
Copies of the Sunday Mirror and Sunday People will also go up from £1.90 to £2.
Retail margins will be maintained, with pence per copy sold increasing pro rata.
The Fed’s National President Narinder Randhawa said: “This is great news. At a time when The Telegraph is reducing its profit margins for retailers, it is pleasing to see that DMG Media and Reach recognise the importance of all parts of the supply chain working in harmony and are listening to meet the expectations of retail partners.
“We urge our members to confirm their support for these best-selling titles by positioning them prominently on their displays to drive sales event further.”
Please continue to accept Q2 vouchers as full payment for these weekend editions if presented by your customers. They will be fully refunded by your voucher handling house at the new cover prices of £1.20 and £1.90.