Soaring fuel prices could leave millions facing meltdown
The spectre of looming fuel price rises would push millions of Britons into financial meltdown, according to a new study. Among the 1,600 people surveyed by price comparison site moneysupermarket.com, over two thirds said that they would not be able to cope financially should the cost of gas and electricity and petrol increase further. Meanwhile, 29 per cent said they would be a "little worried" if rises are on the way, while just 0.06 per cent of the group said they would be completely unconcerned about a future price rise. Tim Moss, head of debt at price comparison site moneysupermarket.com, said: "Brits are being stretched to breaking point as our poll of moneysupermarket.com users shows.People should start by gathering their paperwork and working out the true scale of their problems. From there they must prioritise bills and pay the essentials such as mortgage or rent and utility bills first."
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