Quote:
Originally Posted by Jaymoss
One would imagine there is a lot more head room for someone to adapt on 45K to the new cost of living than it is from someone who has to live off 7K now
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They will most likely have higher energy usage, and higher general living costs (and rent/mortgage costs).
People on 35k/40k/45k are not super rich, living some kind of life of luxury, especially in some areas (like the south east).
Fuel poverty is apparently defined as spending more than 10% of income on energy/fuel, for someone on 45K, thats more about £230 a month.
They are almost certainly paying more than that already, and just like everyone else, whatever they are paying will increase by about 80% in October.
This is not just biting at low earners, its biting middle earners as well.