It feels like Britons have jumped out of the pan, only to fall straight into the fire as a major cost of living crisis grips the nation. With gas prices rising steadily throughout the winter and totals at the till creeping up with each weekly shop, millions of people are facing an “eat or heat” choice – forced to choose between giving up a meal or heating their home.
According to the Office for National Statistics (ONS), around nine in 10 (87 per cent) of adults in Britain have reported their cost of living increased in March alone, with rising energy prices fuelling the surge. The wholesale price of gas in January 2022 was almost four times higher than in early 2021, with limited stocks of natural gas and supply problems driving the prices of gas up globally.
