Entering the second month of 2025, millions continue to look for ways to keep household costs low as new expenses seem to wait around every corner. Household bills, groceries, mortgages and rents have all hit record highs over the past year, as the country navigates the ongoing cost of living crisis.
Chancellor Rachel Reeves had a bumpy start to the year, as the pound slumped and government bonds hit new highs. However, inflation also saw a slight 0.1 per cent drop in December, bringing it to 2.5 per cent, while the economy returned to slight growth.