Tuesday, June 24, 2008

This is going to hurt!

And that applies to all of us. It will be of little surprise to everyone that energy bills are going to rise again later this year; but it may come as a surprise to anyone already struggling with household bills that the level of increase may be in the region of 30% to 40%! Full story is from the Telegraph.

Strewth! A rise of that ilk is going to push a hell of a lot more people into 'fuel poverty' (the Gov's rather quirky term for those that cannot afford to pay to keep themselves warm).

And while oil prices do not seem to be showing any indication of coming down, despite some key analysts claiming the current price is 'spiked' due to speculators, the value of your house looks set to plummet!

Everything is beginning to look like complete doom and gloom! Yet I keep hearing people from our Gov scoffing every time anyone mentions the 'Recession' word!

1 comment:

Peter said...

On a more positive note, my I interest anyone in a website and invention designed to save money... and the planet?