March 17, 2025
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1:08Now PlayingApril is shaping up to be the cruelest month for British households.
Calculations by Bloomberg show Britons are facing a hit of almost £600 ($776) as water bills, energy costs and other regulated services go up in price.
The increases threaten to deliver a double blow to the struggling UK economy by driving up inflation and leaving consumers less disposable income to spend. That’s bad news for Chancellor Rachel Reeves as she prepares to announce what’s expected to be a sobering economic update on March 26 against a backdrop of global uncertainty.
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