This April, the UK’s cost of living is set to increase by approximately £200, but what does this mean for university students? And how should they prepare?
Britain’s cost-of-living crisis persists, and starting next month, it’s due to double down with a spike that will impact thousands of households.
Considering the dire state of world news right now, you have probably already guessed the problem behind this. The war in the Middle East is largely impacting the UK’s cost-of-living crisis. The Iran war and the attack on Qatar’s gas infrastructure have caused detrimental damage. Blocking access to the Strait of Hormuz. Thus, thousands of people all around the world are being affected. And students need to look out for ways to survive during this period.
The details
Starting on Wednesday, 1st April, all bills are set for an increase. Students can expect to see a major hike in water bills in England and Wales by approximately £33 per household.
Additionally, if, like most of the country, you haven’t been phased by the whole ‘TV licence’ thing, then now might be the time to start worrying. As of 1st April, the TV licence for colour television will officially rise by £5.50, while black and white will add £2. These increases may seem small, but in the grand scheme of things, they matter.
Passport costs are increasing. Yes, you read that correctly. An item that already feels like you need to withdraw a mortgage before buying one is increasing yet again. Premium one-day passports will rise from £222 to £239.50. For the normal 3-week application process, adult passports will now be £102 and £66.50 for kids.
How the cost of living crisis impacts students
If you’re in your first year, it’s more than likely that you’re in halls, and your university is organising your rent payments for you. But for those of you who are in their second, third or fourth year, this majorly impacts you. Council tax, water bills and broadband, to name a few, are some of the areas that are due to be impacted this April. Generally speaking, the spike in the cost-of-living will make it even harder for university students to get by.
