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.”

The post Independent retailers welcome weekend paper price increases first appeared on Neighbourhood Retailer.

On Sunday May 16, the cover price of the two newspapers will go up by 10p to £1.90. As a result of this price move, profit paid to retailers on each copy sold will also increase to 38p.

NFRN National President Stuart Reddish said: “This is great news. When publishers put the prices of their titles up, there is always a danger that retailers will suffer because of reduced profits. But it is pleasing to see that Reach recognises the efforts of independent retailers to keep the news trade going during what has been an unprecedented and difficult time.”

A spokesperson for Reach PLC said: “At this challenging time for the trade, can we pass on our thanks to retail colleagues for all the support that you give our titles, day in, day out.”

The post Independent retailers welcome Sunday Mirror and People margin move first appeared on Neighbourhood Retailer.