Despite general inflation running between 1.8% and a maximum of 4% per year since 2015, the cost of some of the core utilities has skyrocketed in that time, disproportionately impacting poorer households, including single parent families.
According to the September 2019 Money Statistics produced by The Money Charity, UK households spent £111.27 million per day on the core utilities of water and energy in Q1 2019, equating to £4.05 per household per day, or £28.35 per week.
This was up from £3.10 per household per day in Q1 2015, or £21.70 per week, representing an increase of 30.6% over the last four years on these essential services.
The charity pointed out that the poorest households in the UK feel the greatest proportional pain, including single parent families.
The Child Poverty Action Group (CPAG) recently published its 2019 ‘Cost of a Child’ report, which each year calculates the total cost of raising a child from birth to its 18th birthday. This is achieved by taking the UK’s minimum cost of living, and then measuring the extra cost incurred by a household as each child is added to it.
The 2019 report calculates that the average cost to a couple […]
Full article: Household water and energy bills soar 30% in four years
