By SEAN POULTER
Last updated at 11:44 AM on 12th January 2011
Millions of hard-pressed families are being further squeezed by punishing rises in fuel bills and food prices.
Energy giant E.ON yesterday announced a price increase as experts warned that bills are set to double every five years.
The German-owned supplier will put up electricity tariffs by 9 per cent and gas by 3 per cent – adding an average of £62 to annual dual fuel bills for 4.3million customers.
Household squeeze: E.On announced a nine per cent rise in gas prices - as it revealed December food inflation stood at four per cent
At the same time, figures from the British Retail Consortium show that food prices are continuing to rise at double the pace of wages.
Annual food inflation in December was 4 per cent compared to a rise of 2 per cent in incomes last year.
Read more: http://www.dailymail.co.uk/news/article-1346266/Families-hit-fuel-food-bills-double-years.html#ixzz1Av3Fi0Ud
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