Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From May 02, 2022

Almost Half of Brits Find It Hard to Pay Their Energy Bills

About 40% of British adults are finding it either somewhat or very difficult to afford their energy bills, according to a survey.

About 40% of U.K. adults said that they're finding it either somewhat or very difficult to afford their energy bills, according to a survey by the country's Office for National Statistics.

Some 91% said their cost of living had risen, with most citing increases in the price of fuel, gas and electricity, and food shopping as reasons, according to the survey released on Friday. Four in 10 said they were buying less when food shopping, up from roughly three in 10 in the ONS's previous survey.

Consumers in the U.K. are struggling with a surge in energy bills, higher taxes and the strongest inflation in three decades. Britain's top energy suppliers have warned of a huge increase in the number of people falling behind on paying their bills. Households are also increasingly relying on food banks for emergency assistance, indicating a cost-of-living crisis is accelerating and likely to drag more people into poverty.

The latest ONS survey covers the April 13-24 period, when almost 5,000 randomly selected households were sampled. It compares with the previous survey from March 30 to April 10, when a similar number were sampled.

Since the ONS first conducted such a survey in November, the proportion of adults who think they would not be able to save any money in the next 12 months has gradually increased, rising from 34% to 42%.

The Trussell Trust, which supports a network of 1,400 food banks, said deliveries of aid parcels jumped 14% to 2.1 million in the year through March compared with levels before the Covid-19 pandemic. The pace of increase has grown from 10% in the third quarter of last year.

©2022 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source