You are here: Home - Household Bills - News -

The power and the poverty

0
Written by:
31/01/2006

Fuel poverty is set to increase dramatically in Britain in 2006 and could force an extra 250,000 households into hardship.

Energy price comparison website uSwitch, which based its prediction on the widely anticipated 15% price rise that British Gas is expected to levy this year, said that many people will struggle to cope with their fuel bills this year.

“It is a worrying time for vulnerable customers, with record price hikes and a colder than average winter still forecast,” said uSwitch director of consumer policy, Ann Robinson.

The Department of Trade and Industry estimates that 1.5 million UK homes currently suffer fuel poverty.

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Chore skills cost a pretty penny

Around half of all households in the UK employ some sort of domestic help, research from insurer Direct Line has...

Close