Why Are Bills So Expensive Right Now?

If your household bills have jumped this month, you’re not alone. From 1st April, many costs have crept up — right alongside the start of the new financial year. Let’s break it down:

What’s gone up?

Expect higher prices for:

• Energy — driven by rising global wholesale costs.

• Broadband, mobile phone & TV licence — annual increases, often linked to inflation.

• Car tax & water bills — providers claim it’s to fund essential services.

• Stealth taxes & stamp duty — quietly adding to your outgoings.

• Council tax — local authorities say higher rates are needed to maintain services.

Some of these increases are pre-planned, designed to keep pace with inflation. Others are the result of global events or infrastructure needs. Either way, it’s putting a squeeze on household budgets.

What can you do about it?

• Shop around: Switching providers can unlock cheaper deals, especially for broadband and mobile services.

• Check your contract: Make sure you’re out of contract before switching, or be aware of any exit fees.

Takeaway:

While some rises are unavoidable, you can take control by reviewing your deals regularly. A quick switch could save you more than you think!