"Millions Will Freeze This Winter; Or Fall Into Debt To Avoid Doing So"

Source: https://www.zerohedge.com/markets/millions-will-freeze-winter-or-fall-debt-avoid-doing-so
Published: Aug 10, 2022
Author: Tyler Durden
Post Date: 2022-08-10 17:20:17 by Horse
Views: 67

UK household power bills are now likely to soar to as much as £4,200 from January, a staggering increase.


Poster Comment:

That would be $5,130 US.

The average UK household income is £30,800 after taxes and benefits.

Average UK food bill rises by £454 a year as grocery inflation nears 14-year high. Supermarket inflation is expected to reach the highest level since at least 2008 in August after rising to almost 10% this month, amid the worst squeeze on household budgets on record.

The best part is that employers can replace British workers with cheaper Ukrainians. I hear they will work cheaper than Poles or Africans.

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