THEMONEYEDIT.COM’S KALPANA FITZPATRICK WILL SAVE YOU £££s
This month sees household budgets being squeezed harder as energy bills rise by around 27%, taking the average typical use to £2,500.
This is lower than the expected increase of 80% announced earlier this year after the new prime minister, Liz Truss, introduced the Energy Price Guarantee, which will freeze prices at this rate until 2024. But this is still a 27% increase on what you were paying before 1 October 2022.
Adding to this is high inflation and the growing costs of borrowing. So what can you do to help ease the pressure?
It may seem impossible,