Two-thirds of UK households turning down the heat -
Your Money - Tue 11 Nov, 03:52 PM
Two-thirds of Britons are planning to turn down their heating this winter, according to Energy Helpline.
It reveals the lengths to which UK households are prepared to go to save money on fuel bills, with 57% of those surveyed also planning to put on an extra layer of clothing in an attempt to beat the cold [...]
UK wastes billions through energy inertia -
Your Money - Wed 01 Oct, 10:45 AM
Nearly 14 million households are wasting an average of £490 each per year, or a total of £6.8 billion, by not switching energy provider, according to Confused.
With energy prices rising across the board, and consumers continuing to feel the squeeze, it is important for them to find the best tariff for their personal circumstances.
Fixed-rate tariffs [...]
Pensioners forced into debt by rising cost of living -
Your Money - Fri 26 Sep, 09:45 AM
More than half of older people are cutting back on essentials such as heating and food, and one in 10 of the poorest pensioners have been forced into debt by the rising cost of living, according to Age Concern.
With a third of those eligible still missing out on the Governments flagship benefit Pension Credit five [...]
Hard-up motorists desperate to save fuel -
Your Money - Fri 05 Sep, 09:58 AM
Motorists are resorting to increasingly desperate measures to save fuel, according to Saga Motor Insurance.
With petrol and diesel prices rising 20% in the past 12 months and the credit crunch forcing a tightening of belts, over 90% of drivers are taking steps to reduce the cost of motoring.
However the study shows that, in their desperation, [...]
Consumers still forking out for dial up -
Your Money - Wed 03 Sep, 11:14 AM
Recent statistics have shown that 9% of UK households with internet access are still using a dial-up connection despite it being much more expensive and less efficient than a broadband connection.
Research from Broadband Choices has shown that the cheapest dial-up connection costs £175.89 in the first year (AOL Anytime) compared to £89.87 (TalkTalk) for broadband [...]
More energy price hikes predicted -
Your Money - Fri 15 Aug, 10:29 AM
Average annual energy bills have risen from £912 to £1,127 since the beginning of the year, but recent research has revealed more than 10 million households will struggle to afford the increase.
Families disposable income has dropped at the fastest rate since the 1970s this year, according to research from comparison site uSwitch. An increase [...]
Fundamentals driving oil price higher -
Your Money - Wed 02 Jul, 09:40 AM
Alliance Trust claims fundamentals rather than speculation are driving oil prices higher.
Angus McPhail, global oil and natural resources analyst at Alliance Trust, said: Fundamentals rather than speculation are driving oil prices higher. Oil markets remain tightly controlled by supply and demand. China is increasingly leading demand from non-Organisation for Economic Co-operation and Development members (OECD), [...]
Pre-payment customers losing out on energy savings -
Your Money - Tue 24 Jun, 09:25 AM
Research by Moneysupermarket shows that pre-payment energy customers could be losing out on as much as £769m worth of savings.
This is because the average pre-payment tariff is £150 more expensive for gas and electricity than the best value rate.
A spokesperson for Moneysupermarket said: Pre-payment customers should not be punished for using this type of meter. [...]
Energy bill increases could hit 61% -
Your Money - Fri 20 Jun, 09:05 AM
Predicted further energy price rises of up to 40% this year could mean a total increase of 61% since January 2008, according to uSwitch.
It would mean the average household energy bill hitting £1,467 this winter, up from £912 at the beginning of the year. The increase in energy prices would also plunge an extra 1.6 [...]
Cancellation penalties on the rise -
Your Money - Fri 06 Jun, 03:18 PM
Energy customers have been urged to check the small print before signing up to a capped deal for the next 12 to 18 months.
Energyhelpline, a price comparison site, has warned consumers who sign up to a capped deal could be subject to a new trend among providers for cancellation penalties. Mark Todd, director of Energyhelpline, [...]
