Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bristol Post
Bristol Post
Business
Neil Shaw

1.3million households miss paying monthly bill in cost of living crisis

An estimated 1.3 million UK households missed or defaulted on an essential bill in a single month as cost-of-living pressures build up, a survey suggests. Which? found 60% of those who could not afford a household bill such as energy, water or council tax, defaulted on more than one payment in the month to June 9.

It urged utility firms and supermarkets to work harder to support customers as pressures build on household finances. Among those who missed one or more bills, two in five (42%) did not pay their energy bill, four in 10 (40%) missed their council tax payment, nearly four in 10 could not afford their water bill (38%) and a third (32%) struggled to pay for their broadband or television package.

Which?’s consumer insight tracker also estimates that 560,000 households missed or defaulted on a housing payment over the month, with one in 20 renters (5.2%) and 1.4 per cent of mortgage holders missing a housing payment. Overall, two million households missed or defaulted on at least one mortgage, rent, loan, credit card or bill.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.