Millions of people across the UK are facing soaring bills as the cost of living crisis continues to bite - and it is to get worse. Fuel prices have hit a record high with a litre of petrol reaching an average of £149.22 on Monday.
National Insurance is set to rise in April, as are the bills for mobile phones, satellite TV, not to mention huge gas and electricity price increases due on April 1. Inflation is also pushing up the price of food while an interest rate rise is affecting mortgages for many people.
The Government has announced measures to cope with the expected £693 a year increase on average energy bills, with council tax rebates for some people and a 'loan' to reduce the impact of this year's bills. However, the Russian invasion of Ukraine is also likely to impact costs of fuel and other goods in the UK.
