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These 18 things are going to cost you a lot more money from now on

These 18 things are going to cost you a lot more money from now on
Apr 02, 2018 Shaking Hands 0 comments
This post was first published by Croydon Advertiser on 01/04/2018.

These 18 things are going to cost you a lot more money from now on

You might need to save an extra £100 a year just to cover the increases.

Water bills, TV licences and stamps are among the many everyday items and services that will now have a bigger impact on your bank balance as National Price Hike Day falls on Easter Sunday this year.

A surge of inflation tackling price hikes will mean households will need to find an extra £100 over the next year to cover payment increases, amounting to more than £2 billion across the UK in total.

Hannah Maundrell, Editor in Chief of money.co.uk said: “As you tuck into your Easter eggs this year, a raft of everyday things will cost you more from stamps to your TV licence.

“Your wallet could be hit left, right and centre on April 1.

“These price hikes may appear small and ‘nothing to worry about’ but add them all together and they could cost you around £100 extra a year.

“You won’t be able to avoid some of the increases, but you can certainly take control when it comes to managing the cost of your energy, phone and broadband.

“The more money you can keep in your pocket the better.

“Check you’re on the best rates and switch providers to get a better deal if you’re out of contract.

“Look at where you might be able to cut small everyday costs too like switching your morning coffee habit to taking a flask into work with you instead.

“Not only will you save yourself a small fortune but you’ll be cutting down the amount of plastic you use too.”

Price hikes:

 

1. First-class stamps have risen from 65p to 67p and the price of a second-class stamp has also gone up by 2p to 58p. Posting a small parcel now costs 5p more up from £3.40 to £3.45.

2. Average council tax bills are set to go up by as much as 5.1% across the UK which is an increase of £81 a year.

3. Water bills will increase by £9 (2%) to £405 for the average household.

4. Prescription costs will also go up by 20p from £8.60 to £8.80 (2.32%).

5. The NHS dental charge payable for a check-up will increase by £1 (4.85%) from £20.60 to £21.60.

The dental charge for a band 2 course of treatment will increase by £2.80 from £56.30 to £59.10 (almost 5%).

The charge for a band 3 course of treatment will increase by £12.20 from £244.30 to £256.50(5%).

6. TV licence costs will also go up by £3.50 from £147 to £150.50 1 April

7. Air Passenger Duty on long haul flights (over 2,000 miles) is set to increase by 4%, hiking flight costs.

8. NHS wig and fabric charges – the cost of NHS wigs and fabric supports are rising by about 1.5%.

Communications suppliers crank up costs

9. Three price rise on monthly mobile contracts  Three customers will see their bills go up by 4% this year, the same as the January Retail Prices Index measurement of inflation

10. EE bills will rise by 4.1% across the board in line with January’s RPI.

11. O2 bills will also increase by 4% in line with February RPI.

12. Vodafone customers that took out a monthly plan on or after the 5 May 2016 will see a bill hike of 3.6% in line with March RPI.

13. Sky Broadband customers will see line rental costs rise from £17.40 per month to £18.99 (9.1%)

14. Post Office Broadband customer will see increases – the Essential package will rise from £25.00 a month to £27.00 a month (8%)

Prices are also heating up for energy customers

15. EoN are removing their dual fuel and paperless discount resulting in an average price hike of 2.7% for its dual fuel customers meaning an annual bill hike of £30 on average. 19 April

16. ENGIE bills will go up by 5.9%, leaving customers on a standard variable tariff £58 out of pocket on average. 4 April

17. Bulb bills will crank up prices across its standard rates by 2.8%, leaving those with a dual fuel tariff typically £24 worse off. 28 April

18. iSupply jumped on the bandwagon last month with an average price hike of 7.5% for its dual fuel customers meaning an annual bill hike of £76 on average. 1st March

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