Personal finance: 'We're having to redo our budget each month'

  • 📰 BBCLookNorth
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 67%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Parents in York say the scrapping of a government move to freeze energy bills for two years will lead to further household budget uncertainty.

Dawn Scott says the government should have stuck to a plan to freeze household energy bills for two years

The announcement means the new chancellor has unwound almost all of Prime Minister Liz Truss's key measures announced in September's mini-budget.Dawn Scott said her household food budget was £20 a day on essentials alone, with long-term energy bill worries a further headache."I've not put the heating on yet, I know it's going to clock up and clock up - we're just putting extra clothing on to keep warm.

"We're going to struggle through winter, we're going to be paying the debts off through the summer and we'll be back to square one again come October next year.""We've got a mortgage, we've got two young children, obviously they both cost a fair amount," said Kim Brough. "Help with childcare is really important, you look at how high childcare costs are in the UK at the moment compared to other countries at the moment, we have very little support," she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I reckon parents outside of York might feel the same, depends how warm that bubble is.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines