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Rising Rents and Energy Bills

Rising Rents and Energy Bills

New data from SpareRoom shows rent costs on its site up by almost 13 per cent year on year

Money Box · BBC Radio 4

April 1, 202325m 17s

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Show Notes

The BBC understands that the Chancellor, Jeremy Hunt, is expected to extend the Energy Price Guarantee at current levels for a further three months- but what does that mean for your energy bills?

One of the UK's biggest flat share websites has told Money Box that rents are rising very fast: up almost 13% last year. In January 2022, the average UK monthly rent listed on SpareRoom was just over £650. By January this year it had risen to almost £750 pounds a month. We'll hear from them and also speak to a renter and landlord.

And, as food inflation rises, we'll also look at what kind of impact that's having on household finances? Dan Whitworth speaks to supermarket shoppers in Halifax.

Presenter: Felicity Hannah Reporters: Dan Whitworth and Star MacFarlane Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle

(First broadcast 12pm Saturday 4th March, 2023)