FTSE 100 Facebook Twitter Email Calculators

FTSE 100

  1. 50.98%
    43.14%
    5.88%
  2. Currency Converter

    Convert currencies using the lastest exchange rates

Calculators

  1. Mortgage Calculator

    See how much mortgage you can have
    Calculate Mortgage
  2. Debt Calculator

    Work out how we can help you manage your debt
    Calculate Debt
Contact us...

Moneyextra News

Aprils top purchased funds from The Share Centre

April remains one of the most important months for investors. Whether...

Read More...
Supermarket offers \'not as good as they appear\'

Supermarket offers 'not as good as they appear'

Supermarket special offers used to draw in consumers may not be as...

Read More...
UK economy shrinks more than anticipated

UK economy shrinks more than anticipated

The UK's economy shrank more than was thought in the first three...

Read More...
Change energy supplier to \'reduce utility bills\'

Change energy supplier to 'reduce utility bills'

Energy customers should consider changing their energy supplier in...

Read More...

Scottish and Southern Energy price rise to put more pressure on consumers

Scottish and Southern Energy price rise to put more pressure on consumers
Property owners could be in need of pay day loans with another energy company round of price rises putting more pressure on people's finances.

Gillian Guy, chief executive of Citizens Advice, was commenting on Scottish and Southern Energy, who put the cost of gas up by 18 per cent and electricity by 11 per cent.

She said that some homeowners have already started to self-ration, while others are self-disconnecting as they cannot afford their fuel bills.

"As a result they are going without the heating they need and living in a cold home, which can have a devastating impact on their physical and mental health. Figures released last week revealed that 5.5 million people in the UK are living in fuel poverty and this is only going to get worse as prices rise," she said.

Ms Guy went on to say that vulnerable customers need to be treated "sympathetically and fairly" by fuel suppliers, while free advice can also be gained from Citizens Advice for those struggling to pay the bills.

The rises come after British Gas and Scottish Power announced that they were putting up their prices later this year.ADNFCR-2088-ID-800629439-ADNFCR

Moneyextra.com recommends you take independent financial advice before acting on any article

Back

2011-07-21 14:36:08 © Moneyextra.com