Sky News Daily Bills, bills, bills: How can you beat the hikes?
Apr 1, 2025
In this discussion, Paul Kelso, Sky News business correspondent, shares his insights on the accelerating household costs driven by recent economic shifts. He explains how global events, like the Ukraine war, impact energy prices and anticipates drastic hikes in various bills. The conversation also highlights smart strategies for managing expenses, such as switching service providers and negotiating rates. With rising costs affecting families, Kelso underscores the importance of proactive financial planning and seeking support from organizations like Citizens Advice.
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Awful April Bill Hikes
- Household bills are rising dramatically from April 1st, impacting gas, electric, water, and more.
- This "awful April" sees increases across essential utilities, impacting household budgets.
Financial Spring Cleaning
- Gain a full overview of your finances and identify areas for cuts, especially with rising gas prices.
- Prepare for future price hikes by setting aside extra money and making small changes now.
Haggle for Better Deals
- Review service providers annually and negotiate lower prices by leveraging competitor offers.
- Don't hesitate to "haggle" – research competitor prices and ask your current provider for a better deal.