Household Bills
Brexit uncertainty puts Brits on hold
New research from Gocompare.com suggests that uncertainty about the fallout following the UK’s decision to leave the EU means that many Brits are putting their lives on hold.
Peer pressure costing parents £6 billion a year
Nearly half of parents (48%) feel compelled to make ‘peer-pressured parental purchases’ for their children such as smartphones, fashionable clothing and expensive parties, according to research from Sainsbury’s Bank.
British Gas caught out by ‘perfect storm’ in energy market
As British Gas confirm that 400,000 of its customers left to find a new supplier in the first half of the year, new figures from Gocompare.com Energy reveal that, in the same period, over 61% of consumers switching energy provider chose a smaller provider, rather than the big six.
Brits spend nearly a week's salary to attend weddings
With wedding season upon us and people gearing up to attend their nearest and dearest's big day, new research from American Express reveals guests are set to spend £479 per wedding this year. This is just £24 less than the UK average weekly salary.
Government’s ‘central heating for cities’ scheme to bring energy bills down
£320 million will be invested over the next five years in schemes across the country’s towns and cities to take low carbon heat and supply it to keep homes and businesses warm.
Decline in UK essential spending slowed in May
Consumer spending on essentials fell once again in May, though the pace of decline was at its slowest since March 2015, according to the latest Lloyds Bank Spending Power Report.
Summer shock as energy bills jump by up to £264.61 in June
Families could be hit with annual energy price rises of up to £264.61 this summer as several fixed dual fuel energy tariffs come to an end on 30 June.
Well-off Brits bankroll the good life
Jet-setting, gourmet dining and sparkling wine: new research from Mintel finds that certain markets are flourishing as a result of the UK’s two-track recovery.
Recent upturn in UK essential spending falters
Consumer spending on essentials fell once more in April, with the pace of decline increasing for the first time since November, according to the latest Lloyds Bank Spending Power Report.
People still cautious about their finances despite wage increases and low inflation
New research to support the launch of Sainsbury’s Bank’s first ever ‘Family Finance Report’ reveals that, despite the emergence of green economic shoots, the majority of people in the UK are not feeling any better or worse about their finances this year than in 2015.
ScottishPower reduces gas prices by 5.4%
ScottishPower has announced a reduction in its standard domestic gas prices by an average of 5.4% effective from 15th March 2016. This reduction will benefit over 1 million customers with the average annual standard gas bill reducing by £32.
E.ON launches cheapest dual fuel energy tariff in Britain
E.ON has made a new version of its one year dual fuel fixed tariff available which is currently the cheapest energy tariff available in Britain.
Households underestimate annual bills by £39 billion
As many British households feel the squeeze ahead of the January pay day and look to review their finances for the year ahead, new research from Santander Current Accounts reveals bill payers underestimated their main expenses – council tax, utilities and TV, phone and broadband - by an average of £1,459 last year.
It’s not the cost of Christmas, it’s the cost of heating their home that’s worrying the over 50s
As temperatures take a noticeable dip many over 50s are taking desperate measures in order to meet the cost of heating their home this winter.
Thrifty Brits expect to spend less this Christmas
Don’t expect too much in your stocking this Christmas as thrifty Brits rein in their spending habits in the lead up to this festive season.