‘Shocked to the core!’ Dad left ‘so scared’ after smart meter gave energy bill of £38,000
The energy price guarantee came into effect last weekend, however, a number of smart meters glitched and began to show some people’s energy use costs rise to over £33,000. Daily Express :: Finance Feed
Nationwide Building Society raises interest rates on savings accounts – ‘Competitive!’
One of the country’s leading building societies has increased its interest rates to a “highly competitive” level amid the ongoing cost of living crisis. Daily Express :: Finance Feed
Virgin Money increases interest rate on savings account for second time in three months
Virgin Money has increased the savings rate to 2.02 percent on its popular linked savings account, on balances up to £25,000. Daily Express :: Finance Feed
Oil price surge: Crude jumps $4 as OPEC considers largest cut since 2020 – ‘No hesitation’
OPEC+ is considering its largest output cut since COVID-19 swept across the world in 2020. Daily Express :: Finance Feed
Have Your Say: Share your best money saving tips – from energy bills to the weekly shop
Money saving tips are circulating social media right now as the cost of living crisis continues. What are your best money saving tips? Have your say HERE. Daily Express :: Finance Feed
DWP issues guidance on when second part of £650 cost of living payment will arrive
The cash boost is being paid in two instalments to people on certain benefits or tax credits, including Britons on Universal Credit. Daily Express :: Finance Feed
Government issues warning of scammers posing as energy bill support scheme ‘stay alert!’
Britons have been warned to be vigilant about fraudulent messages from scammers as the government’s energy price guarantee comes into effect. Daily Express :: Finance Feed
Britons turning to long-term mortgages to protect themselves from interest rate ‘chaos’
Research by Comparethemarket found almost a third of homeowners whose fixed-rate mortgages are coming to an end in the next three years will only consider remortgaging to a long-term fixed-rate deal. Daily Express :: Finance Feed
Inheritance tax: The ‘perfectly legitimate’ ways you can reduce your bill down to zero
Inheritance tax is a tax paid on an estate of someone who has died and the estate of a person usually includes things such as property, money and possessions. Daily Express :: Finance Feed
Inside the Bank of England’s bond-buying plan to save the pound
The Bank of England plans to buy £5 billion worth of bonds every day, completing a £65 billion programme to rescue the faltering Sterling. Daily Express :: Finance Feed