The chart also shows how there is little bill-payers can do about it. They used to be able to shop around for a cheaper tariff but, at present, no deals are cheaper than the default price cap. The government is giving some support with a £150 council tax rebate in April, and a £200 grant in October, which will need to be paid back.
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Pensions and benefits will not keep up with cost of living, warns think tank
admin, , Business, 0
It said that, to help these people, the government should consider a long-term change that meant rises in benefits...
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Ryanair denies passengers must pay to download boarding pass
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However, these Ryanair passengers say they found they had to book a seat, which typically cost between £7 and...
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Elon Musk lines up $7bn backing for Twitter deal
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Qatar Holding, a sovereign wealth fund, is contributing $375m, while Saudi Arabian investor Prince Alwaleed bin Talal, who had...
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UK banks can weather pandemic, says Bank of England
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Banks have built up strong capital buffers since the financial crisis more than a decade ago, the Bank said...
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Roblox: ‘We paid off our parents’ mortgage making video games’
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But competition is stiff among top developers on the platform. The firm recently said that more than 1,250 developers...
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Covid: What impact has the furlough scheme had?
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On that same date, 20 March, cafes, pubs and restaurants were ordered to close, while three days later, people...
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Hapag-Lloyd says Red Sea route still ‘too dangerous’
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“Amid a global recession, Egypt is grappling with shortages of foreign exchange reserves caused by the impact on the...
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Russian oligarch Fridman warns sanctions will not stop war
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But he feels the EU is treating him unfairly and without due process, that he should be sent back...
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