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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.
Historical Price Trends
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.