Millions face winter finance squeeze, says charity

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Low-income families face a £710 rise in costs, the Joseph Rowntree Foundation estimates.

Business Secretary Kwasi Kwarteng told the BBC on Tuesday the UC cut could make it "a very difficult winter" for low income families, and said he was speaking to Chancellor Rishi Sunak and Work and Pensions Secretary Therese Coffey "a great deal" on the subject.

Peter Matejic, deputy director of evidence and impact at the Joseph Rowntree Foundation, said: "Millions of low-income families are incredibly anxious about how on earth they are supposed to make ends meet from next month. "Ministers rightly recognise this is shaping up to be a very difficult winter, yet there is little sign of them taking the decisive steps that are necessary to avoid real hardship for low-income families."Customers are buffered from steep wholesale gas price rises by the energy price cap, which is the maximum price they can be charged.

But from 1 October, customers on standard tariffs could see an increase of £139, from £1,138 to £1,277 a year.About four million UK households use pre-payment meters. These customers are more likely to be vulnerable and living in fuel poverty, and are more likely to self-disconnect if they are in debt,

 

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