§ On the other hand, the railways and the Post Office are now running large and increasing deficits. Their boards are therefore putting proposals to the Price Commission for increases within the code to take effect in the summer. The proposals by British Rail involve an increase in passenger fares of around 12½ per cent. and in freight charges of 15 per cent. The provisional proposals by the Post Office point to an average increase of between 15 per cent and 20 per cent. in telecommunications charges, an extra ½p on the stamp for second-class letters, and 1p for first-class letters