It's national price hike day - here's where costs are rising, from postage stamps to prescriptions

 
Courtney Goldsmith
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Get ready to hand over your wallet (Source: Getty)

No joke: 1 April is not only April Fools' Day, but it's also national price hike day.

A slew of different household bills from postage stamps to prescriptions have been hiked, effective today. The average household will have to shell out an extra £90 on the increased costs over the next year, for a grand total of £1.7bn across the UK.

Here are some of the price hikes set to hit your wallet
Council tax bills Expected to increase by an average of four per cent in England and Wales
Water bills Set to increase by £6, or two per cent, to £395 for the average household
Prescriptions Set to jump 20p from £8.40 to £8.60
NHS dental Check up charges to increase 90p, almost five per cent; band 2 course of treatment charges to increase £2.40, or four per cent; band 3 course of treatment charges to increase £10.60 to £244.30, almost five per cent
First class stamps Posting a small parcel will cost 5p more, or £3.40
TV licence Costs will increase £1.50 to £147
Air passenger duty Tax on long haul flights (over 2,000 miles) will increase by 2.74 per cent, or as much as £12

Costs from communications suppliers are also set to rise, though the date which they take effect depends on the billing date for each customer.

BT will roll out planned price hikes tomorrow, meaning the price of basic broadband will rise £2 per month and customers will start being charged for BT Sport packages, among a raft of price increases.

EE bills are set to increase 2.5 per cent across the board, O2 bills will increase by 2.6 per cent alongside a hike to all call charges outside the monthly allowance and some Vodafone customers' prices will rise 3.2 per cent.

Many energy suppliers, including ScottishPower, nPower, Co-op Energy, E.On and SSE, are also in the midst of hiking prices for customers.

Read more: Now another Big Six energy provider is hiking its prices

Hannah Maundrell, editor of money.co.uk, calls on consumers to shop for cheaper tariffs where they can: "While you can’t avoid some of the increases, you can certainly take control when it comes to managing the cost of your energy, phone and broadband.

"We’ve got the bumpy Brexit ride ahead of us, with no idea what the future holds. The more money you can keep in your pocket and not pass on to suppliers the better."

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