Overview
- Energy bills for a typical household have increased by £111 annually, following a 6.4% rise in the Ofgem price cap.
- Water bills in England and Wales have risen by an average of 26%, adding £123 annually to household costs, with regional variations.
- Council tax has increased by 4.99% on average, contributing an additional £108 per year for most households.
- Telecom providers have implemented inflation-linked price hikes, raising mobile and broadband bills by 6.4% or more for many customers.
- The poorest households are disproportionately affected, with essential costs consuming a significant share of their income, exacerbating economic inequality.