The industry regulator will allow energy networks to plough at least £40bn into the green revolution and make higher returns on their investments, after companies threatened an unprecedented rebellion against its plans to save homes £20 a year on their bills. Ofgem’s plans, set out on Tuesday, will halve the savings energy bill payers can…
Having decided to close my credit card account with JaJa, which has taken over the Post Office’s credit card business, I contacted the firm in a bid to pay off any money I owed. But because I couldn’t tell them exactly when I took out the old Post Office card – it was more than…
The value of a UK home increased by an average of almost £3,000 last month as the market defied lockdown conditions and experienced its “strongest run” since 2004, according to the Halifax. At £253,243, the typical property price has risen by more than £15,000 since the end of June, said the mortgage lender. The increase…
In a fitting tribute to the man who gave us Space Oddity, a David Bowie commemorative coin has been launched into space by the Royal Mint. Minted as part of its “Music Legends” collection, the coin was carried by a balloon to an altitude of 35,656 metres before descending back to Britain. The Royal Mint…
In 2017 I bought an expensive £1,000 Britannia induction cooker from Appliance City, thinking I was buying a high-quality, safe product. From new, the oven switches would become untouchably hot. Then, just after the two-year warranty expired, the oven started tripping all the electrics in our home. Over the next three and a half months…
Q I am in the fortunate position of having managed to save a reasonable amount of money this summer and I have also got a new job with a decent pay rise. Would it be more sensible, given where interest rates are, for me to use my savings to overpay on my mortgage? I am…
