"Gas and electricity prices are rising at up to eight times the rate of earnings" declared The Guardian.
Winter 2013 will be tough for almost everyone.
Prices are going up and up and up... Most suppliers are having a 9% increase. But our wages aren't moving forward... it is all on stand still.
Christmas is in the way with a lot of families having to spend a big chunk of cash for presents to please friends and family. However, some households have said that they will spend less on food to make sure the heating is on for the colder months.
There is as well the unsecure work situation, where so many companies are cutting down the number of working hours and staff, all due to budget restrictions.
...Citizens Advice says it has grave concerns about the impact that energy price rises are having on people's ability to maintain a decent standard of living...
Some experts are also forecasting changes in the housing market. The number of units have already increased. This means that rent prices could come down...after such a sharp rise in the past years.
Property management and letting agents keep monitoring the market to make sure that figures are correct.
But this isn't all: The Guardian mentioned that the NAO warned of the following:
...Projections suggest that increases in both energy and water bills will continue to outstrip inflation, on average, up to 2030...
For more info read the full article published in The Guardian HERE.
In the past years, We have had depressing news and it is strectching even more. The recession was a big hit for all of us. Energy bills being way higher than previous years is an extra weight to add to the already existing long list.
How far can this go? When will employers understand that giving more work to less staff for no pay rise is not the right formula to get a happy team?!
Hopefully 2014 will be happier - everybody is living in the hope of a second breath (on a global scale). Because for the time being the grass isn't greener elsewhere.