"With fuel prices continuing to soar, households are having to make difficult choices as they struggle to cover the cost of everyday essentials. Almost two-thirds of drivers are cutting non-essential journeys, while a large majority report driving more cautiously to conserve fuel."
"Around 55% of respondents said they have been forced to tighten their overall household budgets, while a fifth reported cutting back on groceries, and more than a tenth have reduced spending on utilities."
Rising fuel prices in Northern Ireland are forcing over half of drivers to cut back on essential household spending, including food and utilities. A survey of 800 motorists revealed that many are reducing grocery bills and discretionary spending. Fuel prices have surged significantly since late February, prompting changes in driving habits, with many drivers cutting non-essential journeys and driving more cautiously. Additionally, there is a growing interest in electric vehicles as a response to volatile fuel costs. The overall economic pressure is affecting household budgets and spending decisions.
Read at London Business News | Londonlovesbusiness.com
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