Independent UK consumer champion and tester of goods and services
Britain’s biggest housebuilders are facing a multibillion-pound class-action lawsuit after accusations they colluded on pricing, harming more than 700,000 buyers of new-build homes between 2015 and 2026. The claim seeks up to £4.5bn in compensation, with per-home payments estimated at £3,100-£6,200. The Competition Appeal Tribunal must approve the case before it proceeds.
UK households are cutting back on fuel, food and non-essential spending amid rising costs from the Middle East energy shock. Mortgage activity has risen as households lock in rates, while businesses pause big investments; confidence remains fragile and policy action is urged to ease cost-of-living pressures.
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.