BRITS could end up paying more than £200 on their bills this year with everything from council tax to TV licence going up.
The hikes will put extra strain on household budgets, which face being stretched even further this year as the conflict in the Middle East risks pushing up inflation.
Household bills tend to change every April due to the new tax year, with rises normally linked to inflation.
But this year households could be hit with a perfect storm with the average council tax set to rise by £112 this year.
Other rises include water bills, with the average cost going up £33 a year, broadband and mobile charges pushed up by an extra £60 a year, and a £5 hike on the TV licence.
On top of that, car tax bills are rising by £5 a year, while the cost of stamps and passports are also increasing.
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Employers will also be hit further with a rise in the national minimum wage to £10.85 and the national living wage to £12.71.
In addition to this, new workers’ rights have recently come into effect, including an end to exploitative zero hours contracts, and a new right to bereavement leave.
Although energy bills are due to fall slightly in April, experts have warned the relief may be short-lived.
There are mounting concerns about the amount energy bills could rise by from July as a result of the Middle East conflict, with latest predictions suggesting this could be £300 a year.
It comes as Sir Keir Starmer held an emergency press conference today to insist Government measures are being put in place to “bear down” on the cost of living.
The Prime Minister pointed to the recent announcement in a reduction of energy bills by £117 a year for the average household.
Sir Keir said he wanted to reassure families “that they have a Government on their side, working with allies on de-escalation and bearing down on the cost of living”.
