Millions of households to get relief on energy bills after emergency measures are put in place

Millions of vulnerable households set to get relief on their energy bills after emergency measures are put in place by the Government and suppliers New measures mean vulnerable customers will be kept supplied   The Government and suppliers agreed they will help people keep topped up   Many will worry about paying their bills during the self … Read more

Households losing out on £5bn to the Big Six, despite cheaper wholesale prices

More than 11million households in Britain risk overpaying £3.5billion on their energy bills this year as they stick to expensive standard variable tariffs from the Big Six, new research claims. The energy giants are all set to price their SVR within an average of £1.33 of the new price cap level, which is due to … Read more

Energy bills set to fall for 15m households as Ofgem reveals price cap reduction

Energy bills will fall for around 15million households with Ofgem announcing a price cap reduction of £17 a year. This means that households on standard variable tariffs will pay no more than £1,162 on their bills after the cap comes into effect in April – falling from £1,179.  The bi-annual review of the cap by … Read more

Share of low-income households with children struggling with housing costs has risen to over half

Only a third of people in low income household with consumer debt have enough spare cash for an emergency, a new study has found. The Resolution Foundation says that consumer debt among poorer households has risen the fastest among any income group, with the proportion rising by nine percentage points. This group has become more exposed … Read more

Credit card deals worsen amid regulator clamp down on UK households’ spiralling debts 

Credit card deals worsen amid regulator clamp down on UK households’ spiralling debts  By Laura Shannon For The Mail On Sunday Published: 10:13 BST, 25 August 2019 | Updated: 10:13 BST, 25 August 2019 Credit card deals are significantly poorer compared to this time last year as the financial regulator prepares to clamp down on … Read more