Posted 4/14/2024, 1:30:00 AM
Cost of Living Crisis Deepens as Food, Energy, Mortgages, and Transport See Steep Price Hikes
- Food prices have soared, with olive oil up 89%, broccoli up 50%, and eggs up 37% over the past 2 years
- Energy bills have risen 54% on average, adding £590 a year to household costs
- Mortgage rates have spiked, meaning new buyers now pay £4,700 more annually than in early 2022
- Car insurance premiums have jumped by up to 50% for many drivers
- Train fares have risen by around 11%, with an annual Liverpool-Manchester season ticket now costing over £300 more
