We will be giving up holidays and every other single luxury that we can think of. So no new clothes for me or my husband, no more meals out or takeaways, no luxuries like Gousto or Hello Fresh anymore. I’m thinking of cutting down on the number of clubs that my children go to. If I had my way we would be stopping Netflix and Sky movies too but my husband hasn’t realised how bad it’s going to get yet so won’t agree to that.
This is what I’ve been saying all along… These prices will keep going up 50% each month - beyond October. It won’t be just a minority of people losing their homes, I fear it will get to the point where there will be mass house repossessions over this issue.
The fact that the Tory Government haven’t responded with any proper response to these price increases (and the opposition hasn’t either - or held the Tories to account), make this a sad reality that families up and down the country will end up owing thousands of pounds in debt and many of them losing their homes.
I understand that the real prices are actually much higher than the cap - but why then have the energy companies been announcing big profits? Something doesn’t add up.
The Government can’t just sit there and allow families to rack up debt on energy bills that people don’t have the money to pay. That is not ethical or acceptable.
And please don’t let them use the war in Ukraine as their excuse and get out card. This would have happened anyway.
If the Tory party doesn’t act now be brave and do something radical then this will lead to a massive recession and crash in the housing market. Businesses are going to go under because of this.
And what I find astonishing is that despite all this our chancellor has refused to cancel his planned increase in national insurance contributions. They really don’t give a shit do they?