Home Blog Brits Finding It Harder To Make Ends Meet

Brits Finding It Harder To Make Ends Meet

The cost of living continues to cause financial strain for many. A detailed survey conducted by Resolution Foundation has discovered that one in five people living in Britain are struggling to pay for food and energy bills. Those surveyed also stated that they expected their financial worries to increase further over the next 12 months.

Gavin Kelly, Chief Executive of the Resolution Foundation said: “This news is especially worrying as it suggests consumers are still under great strain as inflation remains stubbornly high and earnings growth is on the floor.

“Many low to middle income households are already struggling just to stay afloat and will see yet another fall in their real wages this year alongside big cuts to tax credits.”

We find ourselves in new territory as far as living costs are concerned. Not only has the cost of food and energy rose, but clothes, maintenance and home improvement costs have also increased sharply.

However, without doubt the biggest rise in recent times has been the cost of energy bills. The average energy bill now stands at over £1,200 per year, a figure that many simply cannot afford.

Due to this they are faced with a tough decision, do they shoulder the burden or go without heat even when they need it? Many are choosing the latter option simply because they have no other alternative, which explains why fuel poverty figures continue to increase.

Many people are put off the idea of home improvements because of the costs associated with them but you really can’t go wrong when installing conservatories in Bath, conservatories in Taunton and conservatories in Somerset.

Permaframe products can work wonders for your long-term finances. To find out more we suggest that you pay a visit to our Frome showroom in Somerset.

Read what's going on at Permaframe

How To Increase Your Property's Value Through Home Improvements

We all aspire to create the dream home for ourselves and though you may eventually reach a point where you feel you completely content with…

Read more

A Round-Up Of Home Trends For 2018 And Our Predictions For 2019

So much has happened in 2018! Another Royal baby (or could it be twins?) has been announced, Brexit continues to lead the news agenda and…

Read more

Top Tips For Decorating Your Home This Christmas

You know Christmas is close when the classic Coca-Cola advert is screened on TV. Are you ready for it and counting down to the big…

Read more
Get a quote now! Request a brochure Book appointment

All content © Permaframe Installations Ltd.