The warning comes as the price of various stamps will increase from next week, with the money saving expert advising people to purchase before the hike.
Money Saving Expert Martin Lewis is urging people to purchase stamps at their current price before an increase that is set to take place on Monday October 2, with the cost of each first-class stamp rising from £1.10 to £1.25.
This increase represents a rise of 14 per cent, with first class stamps for large letters to go up in price - from £1.60 to £1.95 from the same date. October 2 will also see the cost of second class stamps for large letters rise from £1.15 to £1.55. "This has been an effective tactic, as a first-class letter stamp is now £1.10, soon to be rising to £1.25 – in 2012 it was just 60p. So you may as well stock up now, even if it's just for Christmas cards for the next few Christmases."Standard second class stamps will remain priced at the current cost of 75p.
The price increases follow a change made to traditional stamps, with Royal Mail replacing these with stamps featuring barcodes. The barcodes allow senders to scan the parcel to allow the item to be tracked.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Martin Lewis warning to stock up before price hike this weekendShoppers have got just days left to stock up on the household stable before prices rise by a staggering 14%
Read more »
Martin Lewis issues key advice to customers of major UK banksThe money guru has spoken out to try and stop customers being targeted by fraudsters
Read more »
Martin Lewis shares important reminder to everyone who has a bank accountThe Money Saving Expert has shared another way to protect people from money-hungry scammers
Read more »
Martin Lewis' bank warning as people urged to call 3 digit numberThe Money Saving Expert has shared his 'golden rule'
Read more »
F1 news: Lewis Hamilton calls for 'AI' solution as Sebastian Vettel mulls 2024 seatThe fallout from the Japanese Grand Prix dominates Monday's F1 news headlines, with plenty more besides to digest.
Read more »