MoneySavingExpert founder Martin Lewis is urging Brits to stock up on stamps to beat the January price hikes.
The price of a first class stamp is set to increase by 9p from January, from 76p to 85p, while a second class stamp is going up by 1p, from 65p to 66p.
Finance expert Martin said : “Stock up on stamps NOW to beat Jan's up to 14p hike.”
Royal Mail said: "The reduction in letter volumes has had a significant impact on the finances of the universal service which lost £180million in the first half of the year.
"This demonstrates the need for change in the universal service.
"We are working tirelessly to deliver the most comprehensive service we can in difficult circumstances as the coronavirus pandemic continues to impact our operation."
Martin has his own ITV1 show The Martin Lewis Money Show, which airs each Thursday from 8.30pm.
