Greenflation: Household bills to soar by more than £1,500 a year, analysts warn

A cost of living crisis will see average households’ bills soar by more than £1,500 a year, experts warn today. Families are now on the cusp of the biggest spending squeeze in nearly a decade as bills and prices rise relentlessly.

Money experts said a ‘perfect storm’ of price and tax hikes could push family finances to the limit across the country.

Energy prices have rocketed this week, leading to suppliers pulling deals and predictions that average households could soon face paying over £400 extra a year on power bills.

A year ago, the best one-year fixed deal on comparison website Energy Helpline was £855 – but last night the cheapest available was more than double that at £1,895.

Full story

The post Greenflation: Household bills to soar by more than £1,500 a year, analysts warn appeared first on The Global Warming Policy Forum.

via The Global Warming Policy Forum

https://ift.tt/3nIRvMa

September 18, 2021 at 01:49AM

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s