Typhoo is the latest company to increase the cost of it's products. Those on low incomes are going to have to find more money to finance their daily 'cuppa' at a time that benefits are being cut or frozen. Triple lock pensions will take some financing if prices continue to surge.
Energy experts have today warned that the crash in the value of the pound and increased wholesale costs since the EU referendum could lead to Energy suppliers introducing a five per cent rise in electricity bills this winter costing 18 million families on standard tariffs an extra £465 million a year.
The British Retail Consortium earlier this month that families would pay higher prices in shops if the UK government opts for a hard Brexit – with the cost of everyday goods rising as a result of tariffs. British Airways have also warned of higher air fares due to weak pound’.
Families are now facing winter with uncertainty over their jobs and the affordability of basic living essentials, like food and fuel.
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Join
FREE
Here
