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Household bills could rise by almost £270 in April, Sky News analysis suggests | Money News

The Owner Press by The Owner Press
January 1, 2025
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The everyday family may see main payments rise by nearly £270 by April, Sky Information evaluation suggests.

The rise in prices for vitality, water and council tax would outstrip inflation and add to stress on household budgets.

The primary impression can be felt from New Year’s Day, with the home vitality value cap rising for the second time this winter.

A family paying by direct debit and utilizing the everyday quantity of gasoline and electrical energy can pay an extra £21 – or 1.2% – a yr, growing their invoice to £1,738, in line with the regulator Ofgem.

However there can be extra ache in April when vitality analysts Cornwall Perception predict payments will rise an extra £52 a yr to achieve £1,790. That is a rise of three%.

April will show a tricky month for struggling households.

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A resident collects water at bottle station at Asda, Totton.
Pic: PA

2:31

Water payments ‘an absolute shame’

Water bills will rise by a mean of £86 in England and Wales below plans agreed by the regulator Ofwat. Will increase in Scotland are anticipated to be introduced within the subsequent few weeks.

And council tax is also expected to rise in April. Native authorities that present social care can enhance payments by 5%, with out authorities permission or a neighborhood referendum.

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That may add £109 to the invoice for a mean band D house.

UK inflation is at present 2.6% – beneath the rise in payments.

The rise in vitality costs will hit households on the coldest time of yr, when many pensioners have had their winter fuel payment withdrawn.

It additionally comes amidst wider gloom within the UK economic system.

Newest figures from the Workplace of Nationwide Statistics present there was zero economic growth within the third quarter of final yr, and companies have warned the hike in employers’ nationwide insurance coverage contributions will hit jobs and pay.



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