The Times sees first price rise in two years, increasing cover price by 20p

News UK-owned the Times is set to increase the cover price of its weekday edition by 20p, bringing the price up to £1.40, its first price rise in more than two years.

The new price will come into play next week, the same time the cost of the weekday Guardian will rise 20p to £2.

It will hold the price of the Saturday edition, which is £1.50, and the Sunday Times at £2.50, and the subscription rates for the Times portfolio will remain the same, as it hopes to drive its subscription business.

The weekend editions have been at a fixed price since 2012.

The Guardian will increase the cost of its weekend editions this weekend, with its Saturday edition rising by 20p to £2.90, and the Observer by 10p in the UK to £3, the first rise since January 2014.

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