Spoke to my brother today who is expecting his bill to go up to around £500/month. In the last 2 years it's gone from £150 to £500 a month!! I got lucky and an admin error meant I fixed last year for 2 years on £150 a month. Another mates bills are predicted to go up to £480 a month and he's in a fairly average house. At the time I was pretty annoyed with myself, but I feel 'lucky' now but I can imagine my bills will drift towards £300 a month - that's from £100 a month a few years ago.
We were talking about this and if bills just keep going up, you're going to get people telling their boss they HAVE to have a, say, 20% pay rise just to pay bills. That's going to push inflation up and up. If these kinds of bills come through in October - just before Christmas - it's going to be carnage.
What worries me though is that this is going to obliterate people. I've spoken to people who I know aren't on great incomes but have fixed deals and they simply don't believe that their bills will more than double. This isn't a case of switching lights off etc to save a few quid, no matter what you do in your home - short of not heating it - your bills are going to become phenomenally expensive and likely to drive the country into a recession. The war in Ukraine shows no sign of stopping and we're likely to have to get used to higher prices anyway. However, I don't see any sign of the government doing anything about this at all.
