State pension rises £221 a year but cost of living jumps £3,000 – welcome to ‘awful April’
Daily Express says THE STATE PENSION will rise by just £221 a year from Monday but tax and price hikes will drive up living costs by £3,000 in what has been dubbed ‘awful April’.
The Centre for Economics and Business Research has predicted that basic household spending will rise by £2,440 as food, fuel and energy prices rocket. On top of this, families face paying an extra £600 in tax and National Insurance hike, lifting the total to more than £3,000.
Tax hikes and price rises coming into force this month will place even more pressure on everybody’s wallets.
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