A number of essential bills are rising in one go next month. During an alarming time for many families, more needs to be done to get help to those who need it.
March was not a good month for household finances. The brief downward trend in inflation came to a surprise halt as CPI ticked back up to 10.4 per cent. The price of food is rising at the fastest rate ever recorded. And the Bank of England’s decision to increase interest rates to 4.25 per cent will add hundreds of pounds a month to the mortgage payments of some 1.7 million borrowers looking for a new deal this year.
