The number of debtors for utility bills has increased in England
2022.11.30 13:56
The number of debtors for utility bills has increased in England
Budrigannews.com – According to a report released on Wednesday by the regulator for the industry, the number of people struggling to pay their water bills in England and Wales has increased by 33% since May, as the rising cost of living continues to have an impact on household budgets.
Ofwat, which controls water utilities in Britain and Grains, said a Savanta study of 2,328 bill payers did from Oct. 4 to 13 found the extent of clients who said they were battling to take care of their water bill was 20%, up from 15% in May.
All the more comprehensively, Ofwat’s examination found energy bills remained shoppers’ top worry, with 37% of respondents saying they were battling to cover their gas bill, up from 29% in May, and 35% their power bill, up from 27% beforehand.
33% of people who had trouble paying their household bills said they had asked friends or family for money, 17% had used credit cards to pay their bills, and 13% had taken out a short-term loan.
In October, British consumer price inflation reached a 41-year high of 11.1%, primarily as a result of an increase in energy costs, post-pandemic bottlenecks, and labor shortages.
The guard dog likewise said 66% of those reviewed anticipated that their circumstance should deteriorate in the approaching year.
