Citizens Advice Impact Analysis on the Budget 2015 Benefits CapThe Citizens Advice Bureau have produced an impact assessment on what could happen once the Benefits are capped to £23,000.Continue reading..
How much more does it cost to use a pre-paid meter?Analysis by Citizens Advice shows that customers using pre-pay meters (PPM) pay on average over 20% more than those on direct debit for their energy costs.Continue reading..
Aldi and Lidl increase market share against big four supermarketsDiscount supermarkets Aldi and Lidl are increasing their market share in the UK. But how big do you think their market share is?Continue reading..
Council tax debts predicted to overtake credit card debt in 2015Analysis by the Citizens Advice Bureau estimates it will receive a growing number of requests to deal with people facing council tax debts.Continue reading..
Pancake Day and Lent, don’t be overspent – try a 40 day plan to save cash
Pancake day, or Shrove Tuesday, was typically a day where people would clear all the food they had before 40 days of Lent. In modern times people usually give something up such as chocolate or alcohol. Basically anything that’s good or classed as indulgent. Although you may not practice Lent, having an opportunity to reduce… Continue reading..
Tips for the future – budgeting
It can be a chore to work out what money you need to spend and where. But if you do it right you can make your money go further. Here are some quick tips that can really help. Don’t bury your head in the sand Open all bills and statements as soon as they land…. Continue reading..
Severn Trent WaterSure scheme helps customers save cash
Severn Trent Water is aiming to help customers tackle their monthly payments by encouraging them to take part in the WaterSure Scheme. Meaning more savings in the pockets of customers. Do you qualify? You can save money on water bills regardless of your supplier The WaterSure scheme is run by The Water Services Regulation Authority (OFWAT). This is… Continue reading..
Ofgem Concerns over Big 6 Profiteering
Energy watchdog Ofgem has demanded an internal audit of the big 6 energy companies following concerns about profiteering, after drops in wholesale gas and electricity prices have not been reflected in household bills. The annual profits made per customer have shot up in the past 5 years by £40, creating combined earnings of £17bn. This… Continue reading..
Debt among over 55s at a high
A report by Aviva has shown an increase in monthly spending among over 55s, as their confidence in the economy grows to a post-recession high. The average person in that group owes £ 2,269 in total, including £ 817 on their credit card, £ 765 in personal loans and £104 on their overdraft. Savings have… Continue reading..
Consumer Borrowing Over £ 1bn
Consumer borrowing leapt up from £655m to £1.1bn between June and July, Bank of England figures have revealed. Borrowing on credit cards doubled over the month. Some have speculated this demonstrates a rise in consumer confidence, whilst others have cited it as indicative of the public’s need to borrow money to cover their costs. A… Continue reading..
Renters and Landlords Ripped off by Agents
New research has revealed that “double dipping” – charging landlords and tenants for the same services – is a common practice among letting agents. One letting agent was found to have charged a landlord £670 to change the date on a contract, alongside charging £90 for the same service to the tenant. The figures, published… Continue reading..
Should Your Children Be Included In Financial Discussions?
A recent study by family support charity Home-Start has revealed 31% of adults felt general money discussions were inappropriate for children to be included in. But is keeping quiet healthy for your household? 75% of children aged 5-10 don’t think so, instead believing they should be involved in decisions about what their family spends money… Continue reading..
Another Price Hike For TalkTalk
Telecoms provider TalkTalk has increased the cost of its value line rental for the second time this year, and the firm say they have not ruled out additional increases. Their initial price rise in April took their costs from £126 to £141 per year. This has now risen to £172 per year – a rise… Continue reading..
How to Revamp Your Home on a Budget
If you want to increase the appeal of your home, for yourself or a prospective buyer, there are plenty of ways to do it without breaking the bank. Here are our top tips for making the most of your home with minimal cost. De-Clutter & Clean It’s amazing what a ruthless spring clean can do… Continue reading..