A MAJOR energy supplier has announced to its 5.2 million customers the exact date on which they must read their meters. Otherwise they risk higher bills. Households across the country have just one day left to submit their figures or risk getting into trouble. EDF has advised its 5.2 million customers to submit their meter … Read more
A MAJOR energy supplier with 4.5 million customers is exploring the sale of the company. Ovo Energy, Britain’s fourth-largest energy company, is lining up bankers to help with a strategic overhaul of the company. Ovo Energy was founded in September 2009 by Stephen Fitzpatrick and provided energy tariffs to over 700,000 households in 2017Source: Getty … Read more
Experts are urging households to ‘read’ their smart meters as soon as possible to ensure they have lower energy bills. This warning from Go. Compare Energy anticipates Ofgem’s energy price cut on July 1, which sets the maximum amount companies can charge per unit of energy and fixed costs to households with average consumption. Between … Read more
STORERS buying popular health products can save up to half the price by buying them at the right time of year. From toothpaste to deodorant, the cost of personal care items can vary dramatically from week to week, research by consumer campaign group Which? has shown. 1 The price of everyday health items can vary … Read more
MAJOR lenders are lowering mortgage rates as an incentive for borrowers. NatWest and Barclays have cut rates by up to 0.31%, while HSBC has announced it will cut rates from tomorrow (June 26). Three major lenders have cut mortgage rates in a positive signCredit: Alamy HSBC said more than 300 deals will be completed across … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. JPMorgan Chase has attracted more than $15 billion in assets from wealthy clients for its emerging tax strategy arm, according to people familiar with the matter, as the U.S. bank looks to acquire a larger … Read more
A BIG purchase now, pay later company has ended up in administration. Laybuy’s UK arm, which has a customer base of around 300,000, has appointed administrators at FTI Consulting LLP. However, it is important to note that the company could still be sold in the futureCredit: Alamy Laybuy offers a “buy now, pay later” service … Read more
A MAJOR mobile phone provider is closing within days and all customers still on the network must act quickly. Plusnet, part of the BT Group, will permanently close its mobile branch in June. Plusnet is permanently closing its mobile armCredit: Alamy The provider is making this move so that EE, also part of the group, … Read more
A major energy supplier offers money on energy bills to customers who want to make small changes in their energy consumption. Some bill payers with certain energy suppliers are rewarded for reducing their electricity consumption during peak hours. British Gas is offering its customers the chance to earn money on their accounts under the PeakSave … Read more
A WINTER energy program that provides cashback on bills during peak hours now runs year-round. The Electricity Systems Operator (ESO) has confirmed that its popular Demand Flexibility Service (DFS) program will now be available all year round. The DFS winter program now runs all year roundCredit: Getty Bill payers covered by this scheme will receive … Read more