Households urged to act now as stamps see eighth price rise in 6 years

"For years, every time stamps go up in price I've suggested people stock up and bulk-buy in advance, as provided the stamp doesn't have a price on it and instead just says the postage class, it's still valid after the rise. This has been an effective tactic, as a first-class letter stamp is now 1.70, soon rising to 1.80 in 2012 it was just 60p."

"The postal service said the price of a second-class stamp would go up by 4p to 91p and first-class stamps would increase by 10p to 1.80 from April 7. This latest hike means the price of a first-class stamp has now more than doubled over the past six years, increasing by 137 per cent through eight separate rises."

Royal Mail announced significant price increases for postage stamps effective April 7. Second-class stamps will rise by 4p to 91p, while first-class stamps will increase by 10p to £1.80. First-class stamp prices have more than doubled over the past six years, rising 137 percent through eight separate increases. Second-class stamps have experienced six price hikes during the same period. Money expert Martin Lewis recommends consumers stock up on stamps before the increase takes effect, noting that undated stamps remain valid after price rises. This strategy allows people to purchase stamps at current prices and use them after the increase.

Read at www.independent.co.uk