Key piece of advice issued for anyone planning on posting Christmas cards this year

As many begin to prepare for Christmas it was unwelcomed news when Royal Mail announced a hike in the price of a first class stamp. The price of a first class stamp will increase to £1.65 on October 7 while second class stamps will remain at 85p.

It came as Royal Mail expressed its “urgent” financial challenge following a price increase in April which saw first class stamps increase by 10p to £1.35 and by 10p to 85p for second class. A Royal Mail spokesman previously stated: “The minimum requirements of the universal service haven’t changed for over 20 years despite major changes to how people communicate.

“We have no certainty on regulatory reform and the rate of letter decline and ongoing losses means that Royal Mail has had to take the necessary steps within its power to address the very real and urgent financial sustainability challenge the universal service faces right now.” To help anyone concerned about this extra expense this winter, finance guru Martin Lewis issued advice on how to keep Christmas card costs to a minimum while still ensuring they arrive to loved ones on time. For the latest Welsh news delivered to your inbox sign up to our newsletter.

READ MORE: Motorists face £1,000 DVLA fine if they fail to update driving licence and three other key documents

READ MORE: Households urged to beat imminent deadline and claim support worth hundreds

The founder of MoneySavingExpert.com (MSE), said: “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 hike. So you may as well stock up now, even if it’s just for Christmas cards for the next few Christmases.”

MSE warned its readers to be careful to avoid fake stamps if choosing to stock up ahead of the price rise. The website states: “Buy from reputable high street outlets and, where possible, hang on to your receipt. Stamps are also available directly from the Royal Mail online shop (you must spend £50 to get free delivery).”