THE average household is now shelling out nearly £5600 a year on essential bills, research shows.
A typical outlay on energy, water, council tax and insurance has jumped by £326 to £5589 in the past 12 months, according to website Compare the Market.
On top of that, millions with mortgages have faced a surge in borrowing costs, often adding hundreds a month to repayments.
This story is from the December 29, 2023 edition of Daily Record.
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This story is from the December 29, 2023 edition of Daily Record.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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