British independent charity offering confidential information and advice on legal, debt, housing, and consumer problems.
Ofgem has confirmed the energy price cap will increase by 13% from July, pushing typical annual bills to £1,862. The shift is driven by higher wholesale gas prices amid the Middle East conflict. About 40% of accounts are on fixed tariffs and are unaffected. Households are advised to consider fixed deals and smart-meter off-peak pricing.
The price cap on gas and electricity has increased, raising the typical yearly bill to around £1,862 for direct-debit customers, with Ofgem data showing a sustained spike in wholesale prices. Households are urged to submit meter readings and seek cheaper fixed deals as bills stay high into winter.
UK regulators are expanding Buy Now, Pay Later oversight. From July 15, BNPL providers must be authorised by the FCA, undergo affordability checks, and offer clearer information and complaint routes. The changes aim to protect consumers while preserving access to flexible payments.
The prime minister has accelerated plans to make subscription cancellations easier and to curb deceptive discounts as part of a wider cost‑of‑living package. The government is bringing these changes forward to January 2027 and is planning consultations on banning misleading “was” prices.
Rightmove data shows a 104% rise in searches for homes with air conditioning as the UK endures record heat. Buyers are weighing comfort and energy costs, with expert comment on how climate drives property choices and the market remains subdued in overall activity.