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Chronicle Live
National
Liam Buckler & Sophie Brownson

Six easy ways you can save up to £5,000 as cost of living crisis sees energy bills rise

The cost of living crisis is already putting pressure on households across the UK, but now people are being warned there could be yet another rise in bills this year.

The Bank of England has issued a stark warning that inflation could hit 10% - with households already struggling with the energy cap rise, the Mirror reports. And the bank has also said that bills in October could be set to increase by 40%.

These rises would see the average cost of gas and electric rise by another £800 at a time when households are already cutting back.

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