Navigating the Royal Mail Stamp Price Hike: Expert Tips from Martin Lewis

Learn how to navigate the upcoming stamp price increase with expert advice from Martin Lewis. Discover cost-saving strategies to mitigate the impact on your budget.
Navigating the Royal Mail Stamp Price Hike: Expert Tips from Martin Lewis

Stamp Price Hike: How to Save Money

The Royal Mail has announced an upcoming increase in stamp prices, causing concern among consumers. Starting from Tuesday, April 2, the cost of first-class stamps will surge by 8% to £1.35, while first-class large letters will also see a similar percentage rise to £2.10. Additionally, second-class stamps will experience a 13% hike, reaching 85p. Surprisingly, the price of second-class large letters will remain unchanged.

In light of these changes, renowned financial expert Martin Lewis, the founder of MoneySavingExpert.com, has shared a valuable cost-saving tip. Lewis advises individuals to stock up and purchase stamps in bulk ahead of the price increase. Interestingly, stamps that do not display a price but only indicate the postage class will remain valid post-hike.

Over the past year, the cost of first-class standard letter stamps has escalated on three separate occasions.

Stay informed and take action to manage your postal expenses effectively during these uncertain times.