A quarter of Britons struggling to pay bills
Post by Karl Phillips
on 12 May 2011 in Family & Finance
A report published yesterday has revealed that one in four Britons is struggling to pay their bills and make ends meet.
The Metro reported today that the survey conducted by moneysupermarket.com revealed one in three people would struggle to meet basic living costs if their monthly bills increased by £100.
Households in the UK have seen their weekly outgoings rise by an average rise of £54, and British adults are left with an average of £247 a month after expenses such as rent, bills and grocery shopping. This news comes after announcements that fuel prices would rise as the result of unrest in the Middle East were made, and householders should expect sharp rises in gas and electricity bills as a result.
Also affected will be those who have to drive for a living as the cost of petrol and diesel continue to rise. Insurance prices are also going up to cover the cost of those who drive illegally, without insurance.