News In Brief: UK Family Spending To Rise Exponentially Next Year

A typical UK family will spend £1,700 more per year on household costs in 2022, according to a forecast.

The analysis, conducted by the Centre for Economics and Business Research, projected the inflation rate would rise to 4.6% by Christmas.

This rise is mainly due to higher fuel and energy prices.

 

Hear more news and showbiz from me, Tina Calder, on Belfast 247

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