Since April this year, multiple tax increases in the UK have not only added pressure on businesses but also made the cost-of-living challenge for households more severe—water, electricity, and energy bills have all gone up. From October 1, Ofgem has updated the energy price cap, increasing the average annual household bill by £35.14 to £1,755.14 (up from the £1,720 rate effective since July).

Data reveals that over half of UK residents are net welfare recipients.