The following video is brought to you courtesy of the Sky News YouTube Channel. Click the video below to watch it now.
This year promises to be a tough one for many, with the price of food, fuel and energy set to rise.
The Bank of England forecasts that inflation will soon surge to 6% – which means that incomes are set to stagnate.
In this video, Sky News explains why your bills are set to go up in 2022.
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