Kevin Peachey Cost of living correspondent Getty Images Energy regulator Ofgem is shortly expected to announce a fall in domestic gas and electricity prices for millions of households from July – the first drop for a year. The regulator’s price […]
Ofgem expected to confirm fall in prices Read More »
Kevin Peachey Cost of living correspondent Getty Images Millions of people are walking a financial tightrope, with one in 10 UK adults saving no money at all, a major report has concluded. This leaves many exposed to economic shocks and
One in 10 Britons have no savings, UK financial regulator says Read More »
Kevin Peachey Cost of living correspondent BBC The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May – the second reduction in 2025. Analysts expect the Bank’s Monetary Policy Committee to announce
When will interest rates go down again and how do they affect mortgages? Read More »
Kevin Peachey Cost of living correspondent Getty Images Yoga mats are in, while modern technology also gets a new representation Some may use yoga mats and virtual reality headsets to mentally escape the daily grind but now statisticians are using
Yoga mats and VR headsets added to inflation basket Read More »
Callers to HM Revenue and Customs (HMRC) will be able to use their voice as a password in a bid to speed up calls, a government minister has announced. The UK tax authority has been heavily criticised for its failure
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More than 12 million customers of Nationwide will each receive a payment of £50 following the takeover of Virgin Money. The Nationwide, the UK’s largest building society, described the money as a “thank you” to its members, at a cost
Nationwide customers to get £50 each after Virgin Money deal Read More »
Kevin Peachey Cost of living correspondent BBC Paul and Kate say the cost of buying a home is already tough to deal with Home buyers are scrambling to complete purchases by the end of the month or face paying thousands
Home buyers race to beat stamp duty rise Read More »
Kevin Peachey Cost of living correspondent Getty Images A looming deadline for people to plug gaps in their National Insurance record, to ensure they get the full state pension, has been softened. Concerns over a rush of last-minute enquiries mean
Deadline for National Insurance top-ups softened Read More »
Kevin Peachey Cost of living correspondent Getty Images Energy regulator Ofgem is to publish its latest price cap, with households expected to face another increase in gas and electricity costs in April. The cap, which puts a limit on the
Energy costs likely to rise under Ofgem’s new price cap Read More »
Kevin Peachey Cost of living correspondent, BBC News Getty Images Charities and energy providers have criticised plans to change the way standing charges on bills are paid. All households pay the fixed daily charges covering the costs of connecting to
Backlash over energy standing charges shake-up Read More »
