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Full list of what you’ll pay more for from tomorrow in National Price Hike Day

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From council tax to other household bills, prices are going up on Monday (Picture: Getty)

The Easter Monday bank holiday will be marked by a number of price increases across the board.

And no, this isn’t an April Fool’s joke. It’s National Price Hike Day and April 1, also known as the day when government bodies and companies increase the cost of goods and services ahead of the new financial year.

From TV and broadband packages to council tax, prices are set to go up for millions of people.

There is some good news, however, as cuts to National Insurance and the energy price cap, and increases in child benefit, other benefits and tax credits linked to inflation, pensions, and the minimum wage, will leave more cash in your pockets, Sky News reports.

Metro.co.uk rounds up the companies and government bodies who are increasing prices on Monday.

TV and broadband

The licence fee is going up too (Picture: Carl Court/Getty Images)

BT, EE, Plusnet and Vodafone customers will be charged 7.9% more from April. These companies pin their prices to December’s inflation figure plus 3.9.

Virgin Media and O2 are upping prices by 8.8%, as they use the retail price index from January plus 3.9% – but some O2 customers will see prices rise by less than this.

Most Sky TV and broadband customers will pay an average of 6.7% more.

Council tax

Most people who live in councils with responsibility for social care in England will see their bills rise by the maximum of 4.99%.

In areas where the councils don’t oversee social care, the rise for most will be 2.99%.

Birmingham City Council, which has declared effective bankruptcy, has been given permission to hike council tax by 21% over two years to try and refill its coffers.

Council tax is frozen in Scotland, while rises in Wales range anywhere from 3% to 21%. Northern Ireland uses a rating system instead of council tax, and rises are also expected here.

TV licence

The annual cost of a standard colour TV licence will rise to £169.50 – an increase of £10.50 on the current price.

Social rent

For the next financial year, the upper limit for an increase in social rents will be 6.7% plus an additional 1%, as it’s determined by the CPI rate of inflation in September.

Water

Water bills are on the up too (Picture: Getty Images)

The average household water and sewerage bill in England and Wales will go up by an average of 6%.

Car tax

Vehicle excise duty will rise on all but the cleanest new and used cars.

Increases are generally calculated in line with the RPI rate of inflation and are expected to be about 6%.

Rail fares

Rail fares will rise by 8.7% in April in Scotland, after the Scottish government argued previous fare freezes were not sustainable. 

Fares in England and Wales went up by 4.9% earlier this month.

Stamps

With the number of letters posted every year going down, Royal Mail is increasing the price of first and second class stamps by 10p each.

First class stamps will now cost £1.35 each, and second class will be 85p each.

Get in touch with our news team by emailing us at [email protected].

For more stories like this, check our news page.


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