Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Conversation
The Conversation
Marcel Lukas, Senior Lecturer in Banking and Finance and Director of Executive Education, University of St Andrews

Are Britons really poorer than they were 20 years ago, or does it just feel that way?

pxl.store/Shutterstock

Millions of UK households are facing what’s been dubbed “awful April” after rising council tax, water bills and broadband costs coincided with the new tax year. It could all start to hurt quite quickly. And it has led many people to ponder whether they’re genuinely worse off than previous generations – or simply experiencing a temporary pinch.

Council tax has risen by an average of 5% across England (some rises in Scotland and Wales are even greater). Water bills are up by £10 per month on average, while many broadband and mobile providers have imposed rises several percentage points above the rate of inflation.

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.