On October 1, the energy price cap will rise to £3,549 per year for the average household, a rise of 80% from its previous level. This on top of soaring inflation affecting food and other costs is pushing many families into poverty.
A study involving 5,000 parents across the UK has revealed the extent of the financial strain on families.
Almost three in four (74%) said that over the next year they are concerned about paying for gas and electricity, while a majority are also worried about being able to afford food (67%), petrol (67%), and rent or mortgage payments (58%).
Unsurprisingly, the research found that those families on the lowest incomes were much more likely to be worried about their finances.
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