Money saving expert Martin Lewis has put out a set of 'survival' tips to help people struggling as the cost of living crisis continues in the UK. As part of the consumer guru's 90 point survival bible, he has shared some stories of how people can manage to eke every scrap out of their budgets.
It comes as the UK faces unprecedented increases in the cost of living including a 54% rise in the energy price cap, a 10% hike in National Insurance tax and big jumps surges in food and petrol prices, all results of the turmoil in the past few years from Brexit, Covid and now war in Ukraine, Yorkshire Live reports.
Introducing the guide, Martin said: "On 1 April, the 54% rise in the energy price cap hit 22 million homes, a desperate, typical £700/year increase – catastrophic for those with the lowest incomes. Yet the pain stretches far further – when combined with all the other price rises, we will see a material drop in the standard of living for most on low to middle incomes.
