The mail have calculated it at 3k a year extra, with 600 of that being the NI hike.
Even for those that can afford it then it's going to take a huge chunk out of their spending and have a collosal effect as less money is spent and not multiplied throughout the economy.
Is it too much to say this could be almost on the same level as covid detrimental to people's health and wellness?
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Pasting a snippet here to not give the mail traffic after some of the ridiculous articles about tattle.
The £3,000 big squeeze: Household bills 'will be unaffordable for a QUARTER of Britons' as they soar by almost double last month's forecast and experts warn of 'Awful April' for families
- Households facing £3,000 spending squeeze in 2022 due to rising inflation
- Economists say inflation could hit a 30-year high - now dubbed ‘Awful April’
- Chancellor Rishi Sunak is under increasing pressure to ease the swelling crisis
- Nearly one in three households could soon struggle to afford to heat own homes
Households are facing at least a £3,000 spending squeeze in 2022 as soaring energy bills send inflation through the roof.
Economists expect inflation to hit a 30-year high in what has been dubbed ‘Awful April’, forcing the Centre for Economics and Business Research (CEBR) to re-evaluate its already gloomy forecast less than a month after making it.
Chancellor Rishi Sunak is under increasing pressure from many in his own party to step up and ease the swelling crisis.
Experts predict basic household spending will be £2,440 higher than at the start of the pandemic. But on top of this, families are facing the added burden of a £600 national insurance hike and other tax rises.