Martin Lewis has issued an urgent reminder for billpayers across the country ahead of a major energy bill change.
11.09.2023 - 18:07 / manchestereveningnews.co.uk
Money saving expert Martin Lewis has urged people to buy this common £1 item before it faces a price hike next month. While everyday essential items continue to raise in price, Martin Lewis said one item people should "stock up" on over the next few weeks is stamps.
Royal Mail announced big price increases which will be in effect as of October. This will see the standard first class raise from £1.10 to £1.25., a large first class letter size is going from £1.60 to £1.95, a standard second class is remaining the same at 75p and a large second class letter is going from £1.15 to £1.55.
The cost of Royal Mail's 'Signed For' and 'Special Delivery Guaranteed' services will also increase from the same date, as will its Parcelforce 'Worldwide Next Day' and 'Two Day UK' services.
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Speaking on his BBC podcast, Lewis advised listeners to stock up in the coming weeks however warned them to buy the right type of first class stamp. The important thing is to avoid any stamps which have the value in money on them - people must instead only buy them if they say ‘first class’ on them.
“It’s not good news.," he said. "On October 1 we are seeing yet another rise in the price of stamps. I suspect some of this is a move from the Royal Mail to get people to use second class so it doesn’t have to use the first class system in the same way. Obviously first class delivery must be more expensive to them.
“So what do you do about it? Well for many years every time stamps go up in price I’ve simply suggested you stock up and bulk buy now in advance.”
Martin explained his warning about making sure you only buy a stamp marked ‘first class’ and not a
Martin Lewis has issued an urgent reminder for billpayers across the country ahead of a major energy bill change.
Anyone who uses stamps is being warned to stock up before a price hike next week.
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When it comes to saving money, we often start by looking to cut out some of the little luxuries in our day to day that we could go without. However, money saving expert Martin Lewis and his team have found a budget-friendly way to help save money whilst still treating yourself to an at-home pamper.
Martin Lewis' popular website, Money Saving Expert, has urged people to stock up on a common item, currently worth 75p, before they rise in price.
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