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The Latest Breaking News on Personal Finance

Ofgem energy cap falls by £1,000 but bills will still rise by £500

Energy regulator has confirmed its price cap will drop from £4,279 a year to £3,280 from April to July or a dual fuel customer paying by direct debit

Liverpool Echo

Why are UK energy bills going up and what help will you get?

The government’s guarantee scheme is becoming less generous at the same time as £400 discounts stop

The Guardian - UK

What is the Ofgem energy price cap and why are bills still rising? What you need to know

The Government's Energy Price Guarantee (EPG) is similar to Ofgem's Price Cap as it sets the legal benchmark of what an energy company can charge you for your usage

Daily Mirror

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Ofgem energy price cap falls by £1,000 - but bills will still RISE by £500 this April

Households are currently covered by the Government Energy Price Guarantee, which is set to increase from £2,500 a year to £3,000 from April - meaning bills are going up by 20%

Daily Mirror

New £400 energy bill lump sum support launched - who is eligible

From today, February 27, people can apply directly for the scheme

Nottingham Post

One-third of UK funding for insulation and heat pumps remains unspent

Only about £4.5bn of £6.6bn allocated for making buildings more energy efficient has been spent, analysis finds

The Guardian - UK

Extra £400 energy bill support to be given to nearly a million households

The online application portal for the Energy Bills Support Scheme cash will open today (February 27)

Bristol Post

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Lidl limits sales of tomatoes, cucumbers and peppers – as it happened

Supermarket latest to ration vegetable sales; Ofgem cuts maximum cost of electricity and gas units from April, but average bills set to rise anyway

The Guardian - UK

'It's concerning but perhaps not surprising': Aon flags risks to retirement income after one in five reduce pension contributions

There has been a significant shift in behaviour as people respond to the cost-of-living crisis

Birmingham Post

Martin Lewis warning after state pension blow leaves woman 'staggered'

Money Saving Expert urges people to check potential retirement income after woman learns she could have lost out on years' worth of pay-outs

Wales Online

Martin Lewis viewer 'absolutely staggered' as MSE issues warning over state pensions

'I thought I’d paid shedloads of National Insurance in my time'

Nottingham Post

Glaswegians urged to claim heating support payments amid ongoing cost of living crisis - how to claim

People living in Glasgow can still claim help for their heating bills. However, there are certain criteria you will have to meet. Here's what help is available and everything you need to know.

Glasgow Live

DWP claimants could get up to £8,983 tax-free this year, full list of increases

Annual uprating means most benefits and the state pension will go up in April

Bristol Post

9 UK taxes you've probably paid without realising including takeaways and energy

There are certain loopholes the government take advantage of to hit products with extra charges

Liverpool Echo

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Kiplinger

529 Funds and a Roth IRA: How to Use One to Jumpstart the Other

Want to boost your retirement savings? You can roll over unused funds from your 529 plan into a Roth IRA, tax-free, as long as certain conditions are met.

Chronicle Live

Martin Lewis issues urgent warning to people about state pensions, as one woman is left 'absolutely staggered'

One fan of Martin's money saving advice approached the money buff as she was unaware she had been opted out of the additional state pension - meaning she had a shortfall spanning several years.

Manchester Evening News

Martin Lewis explains how energy price cap announcement next week will affect bills

The latest energy price cap will be revealed by regulator Ofgem on Monday

Belfast Live

Update on DWP Cost of Living payments that are due in the coming weeks

A £900 Cost of Living Payment will be made in three installments this year starting in the Spring

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Daily Mirror

Woman's obsessive notes on neighbour's 'every move' discovered after death

A woman has taken to Reddit to share the unusual discovery she made when bargain hunting at an estate sale - admitting she doesn't quite know what to make of it

Glasgow Live

Glasgow Tramway and Mitchell Library hours to be cut as part of £7 million savings

The reduction in hours is part of a raft of measures agreed in the council's budget to save money as the city faced a £49m funding shortfall.

Birmingham Post

The equity release myths and your questions

Peter McGahan, chief executive of Cornwall-based Worldwide Financial Planning, addresses ‘a few old tales’ circulating around equity release

Nottingham Post

DWP issues new update on £900 Cost of Living Payment

The payment will be made in three instalments over the 2023/24 financial year

Liverpool Echo

DWP 'rebate' warning over Cost of Living payments

People who are eligible for Cost of Living support are being targeted by scammers

Daily Mirror

Martin Lewis' MSE issues four day warning to anyone who shops at Asda and Lidl

The Money Saving Expert founder Martin Lewis informed viewers on his ITV show on Tuesday that Asda and Lidl were offering £5 vouchers but only for a certain amount of time

Nottingham Post

Woman shares £1.20 trick for cleaning grout that doesn't require scrubbing and leaves tiles 'like new'

The product was praised by people on a popular Facebook group dedicated to cleaning tips

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