1 April is nicknamed National Price Hike Day, as it's when government bodies and private companies traditionally increase the cost of goods and services ahead of the new financial year.So what can we expect this year?TV and broadbandBT, EE, Plusnet and Vodafone customers will be charged 7.9% more from April. These companies pin their prices to December's inflation figure plus 3.9%, which is common practice in the industry.Virgin Media and O2, which merged in 2021, are upping prices by 8.
Train faresRail fares will rise by 8.7% in April for those in Scotland, after the Scottish government argued previous fare freezes were not sustainable. For those in England and Wales, fares rose by 4.9% on 3 March. StampsThe Royal Mail will raise the price of stamps again as the company struggles with a decline in the number of letters being posted.The price of a first class and second class stamp will increase by 10p to £1.35 and 85p respectively from 2 April.
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