Rising energy prices have led to a ‘comfort crunch’

Rising energy prices over the last two decades have squeezed incomes for low-and-middle income families and contributed to a ‘comfort crunch’ as more of their budgets are spent on household essentials, according to new Resolution Foundation research. The report notes that non-housing essentials – food and drink, utility bills, clothing and footwear, childcare, and road,…

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One million households will not put on heating until December to keep costs down

4th October 2024 Consumer Collections | #energy costs

One million people are determined to put off switching on their heating until December to help keep costs down according to new research from Uswitch.com. However the average household will turn on their heating this Sunday (6th October) this year. That’s nearly a week earlier than last year’s big switch-on, which fell on 12th October. With…

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One in eight households fear they have no way of making more cuts

More than one in eight UK households fear they have no further way to make cuts to afford a sharp increase in annual energy bills this autumn according to Legal & General’s Rebuilding Britain Index. The report says that the cost of living crisis will lead to nearly 70% of the UK making additional cutbacks…

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