Pound shop price war erupts – can you bag a bigger bargain?

The 99p Store opened in Ipswich town centre on 24 October, with a welcome offer of all items priced at 94p or less for a week. In response, the Poundland branch across the street reduced its prices to 93p, according to the Daily Telegraph.

But it seems the price war is lasting rather longer than a week. The 99p Store in Ipswich has confirmed to MoneySavingExpert.com its prices are currently set at 94p – saving customers 5p/item.

99p Stores spokesman Graham Barnes told us: "We have 235 branches across the UK. Occasionally, depending on local retail conditions, a certain strategic pricing is introduced temporarily."

We're awaiting confirmation from Poundland as to whether its prices are still set at 93p in Ipswich.

But while a couple of pence off an item may not seem like the saving of the century, every little helps, especially in the run-up to Christmas.

If you've bagged bigger bargains when pound shops have been locked into a price war, let us know via the forum link below, on Facebook, or tweet us @MoneySavingExp.