Published
A dire warning - if one was needed - from the investment bank Citi.
(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.
-----------------------
Follow us on Instagram - https://www.instagram.com/Channel4News
(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.
-----------------------
Follow us on Instagram - https://www.instagram.com/Channel4News
- Category
- Journals
- Tags
- Channel4news, c4news, energy uk
Sign in or sign up to post comments.
Be the first to comment
Up Next
Autoplay
-
26:01
Could Europe's drought worsen its cost-of-living crisis? | Counting the Cost
-
01:33
Inflation: Is the cost of living crisis still with us?
-
02:03
Cost of Living: Energy bills to fall but will still cost almost double pre-crisis levels
-
03:53
Why we're calling is a cost of living 'crisis' right now!?
-
07:01
Living Standards Series: Cost of refilling gas cylinders affecting cooking in some homes - News Desk
-
03:22
Cost of living: How inflation is affecting Christmas for two firms
-
10:15
Cost of living: 'A crisis like we've never had before'
-
03:29
How long will the cost of living crisis go on for?
-
02:38
Cost of living crisis: Britons want a plan from new PM
-
02:11
Cost-of-living crisis
-
02:41
Cost of living crisis: 'For Alex it's a case of life or death'
-
06:31
Life in the cost of living crisis | General Election
-
19:29
Jacob Rees-Mogg on Partygate, abortion in British life and the cost of living crisis
-
02:39
Economic crisis: Minority demand urgent action to fix cost of living crisis.
-
27:33
Dead brands are being brought back to life | Cost of Living
-
06:53
Cost of living crisis 'scary' for pub owner
-
39:31
Viewer Q and A: Cost of living crisis
-
01:58
Cost of living crisis: More help needed for those on benefits
-
04:41
Cost of conflict: living with life-threatening injuries call for support-Joy News Prime(13-1-21)
-
01:26
Economic crisis: High cost of doing business negatively affecting event planners
-
05:51
Cost of Living Crisis: How did we get here?
-
05:50
Forced into sex work by cost of living crisis
Loading...