Rising bills and tax hikes to make UK families hundreds of pounds worse off
by Phillip Inman and Rupert Jones from on (#6ABVN)
Study commissioned by Guardian details scale of hit to household finances from April
- UK national price hike day': what to expect
- We live from month to month': people brace for April bill rises
A wave of rising bills and tax hikes coming into effect in April will leave a family on a 50,000 annual income almost 700 a year worse off, according to a study of the damaging effects of the cost of living crisis.
Unions have warned that an increase in the minimum wage will not be enough to offset the pressure on hard-pressed families. Households at the bottom of the income scale will face the hardest squeeze relatively, according a study by the CEBR economic consultancy undertaken for the Guardian.
Continue reading...