Martin Lewis offers Christmas savings tips before prices go up next month

Money Saving Expert founder warns stamp prices will rise – and encourages people to stock up before next month

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Martin Lewis urges people to hoard ‘class’ stamps to avoid price hikes

Martin Lewis shared some new tips to help people prepare before energy prices skyrocket.

The founder of Money Saving Expert has warned of an upcoming price hike that will hit the UK in the coming months.

Martin revealed that stamp and prescription prices will increase from April 4, Manchester Evening News.

First class stamps will increase by 10p to 95p and 2nd class stamps will cost 68p, up 2p.

Consumer expert Martin has come up with a handy tip for UK adults to help them save money before Christmas.

“The important rule here is to stock up on these stamps now, i.e. first or second class stamps. In the past when prices went up I always said you could use them indefinitely but you just can use them until January 31, 2023,” Martin said.

Martin Lewis Presents Money Show



“Then let’s buy [these] Christmas’ stamp now if you can do so. “

Regular stamps will be replaced by barcode stamps from February 2023.

Martin also advises that you can still purchase existing stamps and then exchange them for new stamps through a free program that will launch later this year.

“But if you’re going to use the stamps in the future, you can also buy them now for cheap,” he added.

His advice comes as home finances are facing strain as Ofgem’s price cap will increase for 22 million homeowners, with the average household bill rising by around £693 a year.

Earlier this week Martin released a new video with three things everyone must do before the price increases on April 1st.

Martin warns that stamps will increase in price next month



This includes checking if you can stock up on energy now to beat the bulls, reading your meter now if you pay by direct debit and checking out how you can claim Ask for a £150 discount from April.

“Watch for correspondence from the council as each board will tell you their requirements system and you need to keep track of that,” says Martin.

“If you don’t qualify for £150, for example because you’re in the upper tier, there is a discretionary £140m fund being set up to help those in need.

“It will be up to each council to decide how it distributes it, but be prepared to insist on it.”

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Fry Electronics Team

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