The prices of first-class second-class stamps are rising next month, as money saving expert Martin Lewis shared an “effective tactic” in spreading costs. From Tuesday, April 2, the price of first-class stamps will increase by 8% as part of inflation.
In total, there will be a price rise for first-class letters – both standard and large – while the cost of standard second-class stamps will also increase. There will be no change for second-class large letters.
As reported by moneysavingexpert.com, first-class standard stamps will from £1.25 to £1.35, a total of 10p (8%). First-class large letters will rise from £1.95 to £2.10, a total of 15p (8%).
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Second-class stamps will rise by 13%, from 75p to 85p, worth 10p overall. There will be no change to the £1.55 price for second-class large letters.
In the past year, the price of first-class standard letter stamps has risen three times. Martin Lewis, founder of MoneySavingExpert.com, told the website: “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.
“This has been an effective tactic, as a first-class letter stamp is now £1.25, soon to be rising to £1.35 – in 2012 it was just 60p. So you may as well stock up now.”