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Manchester Evening News
Manchester Evening News
National
Fionnula Hainey

Energy bills, council tax hike and minimum wage... the changes affecting cost of living from today

Brits are facing higher bills this month as the cost of living crisis rumbles on. A number of changes that will affect your wallet come into force this month - and several with impact your finances from today.

The energy price cap will soar, adding hundreds to an average household's yearly electricity and gas bill, while water bills and council tax are also set to rise. The cost of dining out could also creep up this month as businesses face higher VAT rates.

However, some changes could have a positive impact on your bank account - including an increase in the minimum wage and a Council Tax Rebate for eligible households. Households in England and Wales can also start to receive grants worth thousands of pounds to replace their boilers with new heat pumps.

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