Many British families may soon have to pay hefty bank charges because they are in 'fuel poverty'.According to research from the Joseph Rowntree Foundation, the money needed to cover basic living costs has increased more for families with children than for other groups such as single people.A couple with two children now must earn at least £18,400 per annum each to cover living costs.Tim Nichols, spokesperson for Child Poverty Action Group, said: "If bills continue to go up steeply like we've been warned, then more families will be hit by fuel poverty. For those who are already hit by fuel poverty it is going to be even worse than it has been already."He added that wages are not increasing and many families are having their benefits reduced because of the government's cuts.This combination means that more money is needed for essential outgoings but families have less money overall.Amir HussainAmir specialises in personal loans, consumer debt and debt management.
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