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Tag Archive 'credit crunch'

Energy credit cost cuts

Annual energy bills for millions of homeowners will fall by £66 after Scottish & Southern Energy announced its first price cuts for two years.

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Interest-ing new rates for borrowers

Positive news for UK borrowers this morning as the Bank of England has cut interest rates to a record low 1%, as they look to boost the country’s economy.

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Don’t freeze through february

New statistics have shown that it could cost UK households an extra £39million a day in heating costs due to the recent plunge in temperatures. With the average yearly household fuel bill now £1,278 and 5.4million in fuel poverty, many people are anxious about soaring energy costs during the current cold climate.

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Friday 23rd January 2009. The day the British economy finally entered recession following a lengthy period of the credit crunch sinking its teeth into the economy.

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In past years it has been the frosty weather that has brought about chills, but this year gas and electricity bills are sending shivers down peoples’ spines.

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