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British Gas urged to freeze prices as profits rise by 3%
British Gas Residential reports 3% increase in year-on-year profits – operating profits up from £345 million for H1 last year to £356 million for H1 this year[1] The company says …
Over-complicated household bills are leaving consumers vulnerable to over-charging
Consumers are being left confused and potentially out of pocket by jargon-heavy and over-complicated household bills, according to new research from Uswitch.com. Almost three quarters of consumers (73%) are unable …
Ofgem urged to clear standing charge minefield facing consumers
Plans to simplify market for consumers are in danger of being derailed as suppliers introduce a plethora of standing charges Currently 45 different standing charges on the market – British …
Warning bell: cost of fixed price energy plans start to creep up
EDF Energy launches the longest fixed price energy deal on the market enabling consumers to lock in their energy price until the end of November 2016 The new plan will …
New flood insurance deal announced – Uswitch.com comments
In response to today’s announcement that the Government and insurance industry have agreed a deal to guarantee affordable flood insurance, Michael Ossei, personal finance expert at Uswitch.com, says: “This will be …
Uswitch.com welcomes Ofgem’s proposals for a simpler and clearer market
Ofgem has today started to roll-out its market reforms, which should soon see consumers beginning to benefit from a simpler, clearer and fairer energy market, says Uswitch.com. Ann Robinson, Director …
Seven in ten consumers overcharged on household bills in the past year
Seven in ten consumers (70%) have been overcharged on at least one household bill in the past year – over a third (33%) were overcharged more than once[1] On average …
Uswitch.com welcomes Ofgem’s move to boost effective competition
Ofgem’s announcement today that it intends to boost competition in the electricity market by increasing both liquidity and transparency is welcome news, says Uswitch.com. Ann Robinson, Director of Consumer Policy …
Price rise fears and big six ‘price war’ are reigniting consumer interest in fixing energy prices for the future
Warnings over future price hikes and the recent battle amongst Britain’s big six energy suppliers to offer consumers the best fixed price deal, are reigniting consumers’ interest in fixing their …