Stock Groups

More Britons struggling to pay their bills, poll shows -Breaking

[ad_1]

© Reuters. People pass street market stalls on the streets of east London, Britain. January 12, 2021. REUTERS/Henry Nicholls/Files

LONDON (Reuters] – A poll has revealed that more people are struggling to pay their bills in Britain and that they are increasingly worried about losing their heat this winter.

Kantar Public released a monthly survey on Thursday showing that 39% found it more difficult to pay their monthly bills than they did a year earlier. This is nine percentage points higher than September’s.

Kantar reported that seven in ten respondents were concerned about the possibility of fuel and fresh food prices rising over the coming months.

Between September and October, the share of those concerned that they won’t be able to heat their homes during winter increased by nine percentage points to 62%.

British utility bills rose as prices for the most popular tariffs rose around 12% earlier in this month.

Although the country’s inflation measure was slightly lower at 3.1% in September, it has been affirmed by Bank of England that they will soon surpass 4%. The Bank of England is weighing whether to increase interest rates, which are currently at 0.1%.

Kantar interviewed 1 075 people between October 14th and 18

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]