Rising Rents and Energy Bills
Money Box
BBC
4.2 • 825 Ratings
🗓️ 1 April 2023
⏱️ 26 minutes
🧾️ Download transcript
Summary
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)
Transcript
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| 0:00.0 | You are about to listen to a BBC podcast and I'd like to tell you a bit about what goes into making one. |
| 0:06.5 | I'm Sadata Sese, an assistant commissioner of podcasts for BBC Sounds. |
| 0:11.2 | I pull a lot of levers to support a diverse range of podcasts on all sorts of subjects, |
| 0:16.0 | relationships, identity, comedy, even one that mixes poetry, music and inner city life. |
| 0:22.4 | So one day I'll be helping host develop their ideas, the next fact-checking, a feature, |
| 0:28.3 | and the next looking at how a podcast connects with its audience, and maybe that's you. |
| 0:33.6 | So if you like this podcast, check out some others on BBC Sounds. |
| 0:39.5 | BBC Sounds, music, radio podcasts. |
| 0:43.4 | Hello, welcome to this Moneybox podcast. It is a really tough time to be a renter. |
| 0:49.2 | Moneybox has learned that rents are going up, but the number of rooms being advertised is going down. |
| 0:54.8 | And not everybody rents, but everybody eats, and the cost of food is climbing too. |
| 0:59.7 | We'll be digging into our shopping baskets to see where the hikes hit hardest. |
| 1:04.1 | Plus, families of young people with learning disabilities say they're disappointed |
| 1:07.7 | with a new ruling about how they access their child trust funds. |
| 1:11.5 | But first, there has been a lot of speculation that the current energy price guarantee |
| 1:16.3 | is to be extended beyond April 1st. |
| 1:19.5 | Now remember, that's the government scheme that has been keeping a typical household energy bill |
| 1:24.9 | to around £2,000 a year. If there is no announcement, |
| 1:29.3 | bills are set to rise to about £3,000 for a typical home. But some energy suppliers |
| 1:34.8 | say they're expecting the current guarantee will be extended for a further three months. This |
| 1:39.7 | morning, Emma Pinchbeck, the chief executive of Energy UK, which represents suppliers, said |
| 1:45.2 | the sooner they have confirmation of this, the better. |
... |
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