Household Bills
BT announces profits
BT has announced that fourth-quarter profit rose 16 percent, with net income rising to £454 million. BT has also overtaken Virgin Media as the UK’s largest broadband provider – BT now has 3.66 million subscribers.
Pay rises can make you worse off
Pay rises and bonuses can be bad for you financially – and that’s official. New research from Prudential shows millions of British adults admit to running up debts by spending pay rises and bonuses before they have them.
Buy your holiday currency online with next day delivery
Consumers can now get their euros, dollars, yen and yuan delivered next day to their home with a new service created by Travelex for Peopleschampion.com, one of the fastest growing financial and travel sites in UK.
Consumers expected to take rate rise in their stride
UK consumers were expecting last week’s interest rate rise and so are unlikely to be caught off guard by rising mortgage repayments, according to the Consumer Barometer from Lloyds TSB Corporate Markets.
moneysupermarket.com: Preliminary deal on cutting roaming charges
Commenting on the EU and members of the European Parliament reaching a preliminary deal on cutting mobile roaming charges, Rob Barnes, head of mobile phones at moneysupermarket.com, said:
Season ticket holders won’t renew due to cost
One in every eight football fans (12%) is considering not renewing their season ticket because they have been priced out of the game – up five per cent on the same time last year, according to new research from Virgin Money.
Elderly inflation rate still far higher than for other age groups at 4%
Despite the Office for National Statistics today reporting that headline inflation fell back to 2.8%, an independent study reveals that the inflation rate facing the elderly is far higher than the headline inflation rate.
UK inflation falls to 2.8% in April
CPI annual inflation – the Government's target measure – was 2.8 per cent in April, down from 3.1 per cent in March, according to the Office for National Statistics.
Resistance to change keeps prices high
Almost 50 per cent of households have never switched suppliers despite media coverage of the benefits to be gained from switching, according to research commissioned by consumer champion Which?.
800 new customer service staff for British Gas
British Gas appears to be getting the message about its poor customer service and has started to make moves to raise its game, including bringing in one extra customer service person for every 20,000 customer accounts says uSwitch.com, the independent online comparison and switching service.
British Gas customers still can’t get no satisfaction
It’s official – despite cutting prices by £207 and satisfying 11% more customers now than six months ago - British Gas is still Britain’s worst energy supplier.
moneysupermarket.com: T-Mobile's first quarter financial results
Commenting on T-Mobile's first quarter financial results, Rob Barnes, head of mobiles at moneysupermarket.com, said: "The results indicate T-Mobile's current focus on higher spending customers.
Forget the Rich List, here’s Britain’s first-ever spend list
Britain’s first ever Spend List is unveiled today, giving a fascinating look at how the financial elite spend their money, where they spend it and who spends the most.
Energy white paper delayed
The energy white paper has been delayed after intervention from the Chancellor.
Seeking shelter from the base rate battering?
Consumers could offset base rate rise by switching energy providers, says uSwitch.com.