Category : Search result: inflation hike


Bank of England Holds Interest Rates at 5.25%

The Bank of England maintains interest rates at 5.25% for the sixth consecutive meeting as inflation concerns persist, with Monetary Policy Committee members divided on future direction.

Half of UK households forced to make spending cuts

Shocking new research reveals how the ongoing cost of living squeeze is pushing millions of British families to their financial limits, with many making severe cutbacks just to manage essential expenses.

DWP confirms 24 benefits rising in April 2024

Millions of Britons receiving DWP benefits including Universal Credit and State Pension are set for a significant payment increase this April, with inflation figures confirming the rise. Here's the full list of benefits affected and what it means for hous

UK households save £100+ monthly as bills drop

New research reveals UK households are seeing significant financial relief as energy costs drop and government support continues, with average monthly savings exceeding £100 compared to last year.

Triple bill hike nightmare for UK households in April

Millions of British families face a perfect storm of rising costs as council tax, broadband and mobile bills, and water charges are all set to increase simultaneously this spring, adding hundreds of pounds to annual living expenses.

TV licence fee to hit £180+ by 2026

Households across the UK are bracing for another TV licence fee increase as the BBC confirms costs will rise with inflation for the next five years, potentially pushing the annual bill beyond £180.

UK Council Tax Set for £150 Hike

Households across Britain are bracing for council tax hikes of up to £150 as local authorities grapple with funding gaps and rising service costs.

Labour rejects Octopus Energy's price hike warning

The Labour Party has issued a fierce rebuke to Octopus Energy after the supplier warned customers of potential bill increases, calling the timing 'completely unacceptable' amid the ongoing cost of living pressures facing British households.

8.5 million pensioners face triple lock threat

Millions of state pensioners could see their income slashed as government considers breaking the triple lock promise, with new figures revealing the devastating impact on household budgets.

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