A dire warning - if one was needed - from the investment bank Citi.
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It's predicting inflation could soar above 18% by the start of next year - pushed up by the spiralling cost of energy.
Ofgem are to announce the October price cap later this week.
Household bills are likely to hit more than £3,500, and by next April they could be closer to £6,000.
No surprise then, that ordinary people - unlike politicians, aren't waiting around to take action - they're already changing their way of life to save money.
Eating sandwiches rather than proper meals. Using the microwave instead of the oven - or simply choosing tins over fresh food to avoid any cooking whatsoever.
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(Subscribe: https://bit.ly/C4_News_Subscribe)
It's predicting inflation could soar above 18% by the start of next year - pushed up by the spiralling cost of energy.
Ofgem are to announce the October price cap later this week.
Household bills are likely to hit more than £3,500, and by next April they could be closer to £6,000.
No surprise then, that ordinary people - unlike politicians, aren't waiting around to take action - they're already changing their way of life to save money.
Eating sandwiches rather than proper meals. Using the microwave instead of the oven - or simply choosing tins over fresh food to avoid any cooking whatsoever.
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Follow us on Instagram - https://www.instagram.com/Channel4News
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