Council tax to hit £2,000 a year in latest cost of living blow

Telecom companies are hiking broadband costs by around 9.3 per cent, while millions of customers will see their mobile phone bills soar by 11.7 per cent. 

The dramatic increases, which are partly linked to inflation, have led to calls for telecoms giants to support families by scrapping above-inflation price rises.

The increases mean a family with two adults earning the pre-tax median income of £26,000 would see annual costs rise by £873. This is before other costs, such as fuel, grocery, train and child care bills, are factored in. 

The national insurance increase, which will come into effect on April 6, will take monthly losses for a typical household to £95.30. This is before the threshold at which payments start increases in July, offsetting the increases.

The chancellor has introduced a number of policies to support families through the cost of living crunch but he has been accused of not going far enough. In March, he promised to “stand behind the British people” when he announced a £150 rebate on council tax bills for most households living in a property in Council Tax bands A-D

However, a Telegraph analysis found that one in three homes will have their government rebate effectively halved by newly confirmed council tax rises.

“Band D” council tax in England – the standard measure for the levy – will rise by 3.5pc to £1,966 this year, up from £1,898 – a £67 jump, the Department for Levelling Up, Housing & Communities has said.

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