Rules that prevent energy firms from offering cheaper deals to new customers will remain in place until March 2025, regulator Ofgem has confirmed.
The charity has called for urgent action to prevent carers from unwittingly building up huge debts – an issue MoneySavingExpert.com founder Martin Lewis has also raised with the Government.
Winter Fuel Payments are to be restricted to those on benefits and Pension Credit, Chancellor Rachel Reeves has announced. But MoneySavingExpert.com founder Martin Lewis has urged the Chancellor to include a wider group, and ensure that the Government leaves no stone unturned ensuring the 800,000 eligible who miss out on Pension Credit get it.
Regulation of the buy now, pay later sector WILL go ahead, the new Government has confirmed. It means consumers will finally get much-needed safeguards on BNPL purchases, as well as protection from unsustainable borrowing.
Carpet and flooring retailer Carpetright will close over 200 stores after falling into administration. Many orders now won’t be processed, while gift cards and warranties have been rendered virtually worthless.
If you bought (or just got quotes for) car or home insurance on Friday 19 July, it’s possible you didn’t see some of the cheapest deals, as some insurers were unable to offer quotes due to widespread IT problems.
If you’re confused by the ‘two-child benefit cap’ and what it really means, MoneySavingExpert.com founder Martin Lewis has shared a quick and simple briefing to clear up much of the misinformation. His video below takes you through the benefit cap and the limits for Child Benefit and Universal Credit.
If you’re on certain benefits, such as Universal Credit, you may be able to get up to £200 to put toward the cost of your child’s school uniform in the form of a non-repayable grant.
These mid-contract price rises will be banned from January 2025, regulator Ofcom has confirmed. But MoneySavingExpert.com (MSE) founder Martin Lewis has warned that the new rules will still allow for above-inflation price rises.
If you’re a Wowcher customer, you could get a £4.99 refund over the next few weeks – but you’ll need to act to get the cash.
