UK households spent £13,961 more on bills since 2021

The TUC reports that UK households have paid nearly £14,000 in additional costs for bills, mortgages, and loans since 2021 due to soaring inflation and global conflicts. The organization urges the chancellor to implement measures in the upcoming budget to support households, citing the impact of rising living costs on consumer spending and economic growth. The government faces pressure to address these issues amid warnings of increasing energy bills and financial strain on vulnerable groups.

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