Europe

Survey: Britons wrestling with bills payment

More Britons say it difficult to pay their bills as the impact of rising inflation on the public has deepened, according to a new poll. It also showed an increasing number of people are concerned about not being able to heat their homes in winter.

The monthly survey by Kantar Public has showed 39% of people were finding it harder to meet their monthly budget than a year ago, up by nine percentage points from September’s poll.

Seven in 10 respondents worried that fresh food and fuel prices would rise over the next few months, Kantar said.

The share of people concerned about not being able to afford to keep their home warm during the winter months also climbed by nine points between September and October to 62%.

British utility bills rose earlier this month as a price cap on the most widely used tariffs increased by around 12%.

The country’s most widely followed measure of inflation dipped slightly to 3.1% in September but the Bank of England has said it is likely to top 4% soon. It is considering when to raise interest rates from their all-time low of 0.1%.

Kantar interviewed 1,075 people between Oct. 14 and Oct. 18.

IFP Media Wire

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