UK faces biggest fall in living standards EVER recorded as energy bills soar
Energy regulators have announced the price cap on bills will rise by 55 per cent, or an average of £693. The increase from April is likely to affect 22million households as many are already struggling will costs.
Bank of England is expected to raise interest rates at noon as it takes fright at soaring inflation in economy. Chancellor Rishi Sunak has responded by unveiling multi-billion pound package to soften blow on households
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