Martin Lewis urges households to stock up on £1.65 | U.Okay.Finance News
Martin Lewis has suggested Brits to stock up on this merchandise earlier than the price will increase in April. Stamps are a must-have merchandise in any family and whilst you might not assume you ship that many letters, there’s all the time a time when you might need one.But quickly, the price of stamps can be going up, so Martin says you must buy some earlier than the new costs come into drive. The price of a commonplace first-class stamp will increase from £1.65 to £1.70, whereas a massive first-class stamp will rise from £2.60 to £3.15 from April 7. An ordinary second-class stamp will increase from 85p to 87p. The price of a massive second-class stamp will stay the identical at £1.55, studies The Mirror.Royal Mail will introduce the rise together with an increase on its different companies resembling “signed for” and “tracked”.But, in the event you bulk buy stamps now, you’ll give you the chance to buy them at their cheaper value earlier than the rise kicks in.Martin Lewis, mentioned: “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 £1.65, soon rising to £1.70 – in 2012 it was just 60p. So while it’s not a huge saving this time, you still may as well stock up now.”Royal Mail mentioned the new increase was down to the firm delivering fewer letters.Nick Landon, chief business officer at Royal Mail, mentioned: “We always consider price changes very carefully but the cost of delivering mail continues to increase.“A complex and extensive network of trucks, planes and 85,000 posties is needed to ensure we can deliver across the country for just 87p.”In January, regulator Ofcom proposed that Royal Mail ought to solely ship second-class letters each different weekday and never on Saturdays to shield the long run of the UK’s postal industry.
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