Martin Lewis issues 'stock up now' four-day warning before major price hike

dailyrecord.co.uk:

Anyone who uses stamps is being warned to stock up before a price hike next week.Money Saving Expert Martin Lewis is urging people to purchase stamps at their current price before an increase that is set to take place on Monday October 2, with the cost of each first-class stamp rising from £1.10 to £1.25.This is the second increase to first class stamps this year, with Martin Lewis' MoneySavingExpert.com flagging the increase to readers this week.

This site explained that the coming days provide the "last chance" to stock up before prices go up, reports the Mirror.This increase represents a rise of 14 per cent, with first class stamps for large letters to go up in price - from £1.60 to £1.95 from the same date.

October 2 will also see the cost of second class stamps for large letters rise from £1.15 to £1.55.Speaking of the price hike, Martin 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. "This has been an effective tactic, as a first-class letter stamp is now £1.10, soon to be rising to £1.25 – in 2012 it was just 60p.

So you may as well stock up now, even if it's just for Christmas cards for the next few Christmases." Standard second class stamps will remain priced at the current cost of 75p.