Insights from the UK and beyond
With unemployment on the rise and the cost of living also heading in the wrong direction, the days of profligacy are over and many of us are suddenly starting to look at ways in which we can cut back and save a few extra pennies.
The web is full of information aiming to help you do just that, but wading through it can be confusing and time-consuming. To save you time, here are a few useful articles and online tools we have come across in the last few days.
Moneysavingexpert.com points out that five of the big six energy companies have dropped their prices recently, which means that now could be a good time for you to change to a cheaper tariff. We also recommend signing up to the site’s weekly money saving email which alerts you to the kind of special offers that you only usually hear about after they have expired.
But it is not just your energy provider that needs to be refreshed. Times Money has useful tips on switching internet, mobile phone, insurance and other providers.
As 16 million people digest the news that their gas bills are going up 35 percent, courtesy of British Gas, blame for the staggering rise is flying thick and fast.
Centrica, the British Gas parent company, says it is unable to resist the sharp rises on world oil and gas markets and that any attempt to impose windfall taxes would crimp its investment programme.