MoneySavingExpert News
2022

Energy regulator Ofgem has announced today that it will be reviewing whether to update the energy price cap more frequently in future as a result of the "unprecedented rise in wholesale market prices and volatility". This follows its decision yesterday to increase the price cap by 54% – adding a typical £700 a year to the bills of 22 million households from April.
4 February 2022

Martin Lewis explains how a new £200 energy bill loan offered by the Government really works in his latest video. The initiative was announced this week in a bid to help households with the rising cost of living, following confirmation that typical energy bills will rise by £693 a year from 1 April. But there's lots of confusion about the loan, which MoneySavingExpert.com founder Martin debunks below.
4 February 2022

Average household water and sewerage bills in England and Wales are set to rise by around £7 a year (1.7%) from April, it has been announced today. But prices will vary depending on where you live and some will see much larger increases. Meanwhile, bills in Scotland will rise by a higher 4.2% on average.
4 February 2022

Martin Lewis looks at the big question of whether households should do nothing and stay on the energy price cap or fix their tariff on the back of the unprecedented announcement that the cap will shoot up by 54% in April. Watch the latest clip from The Martin Lewis Money Show Live for the MoneySavingExpert.com founder's view on what to do below (and for an explainer on the new £200 'energy bills rebate', see Martin's two-minute new energy loan video).
4 February 2022

In a new video, MoneySavingExpert.com founder Martin Lewis analyses the extortionate new energy price cap and the introduction of a new financial support package offering an energy rebate and council tax discounts to try to ease the problems caused by a spike in the cost of living. Martin also explains what the latest increase to base rates means for households. Watch the video below.
3 February 2022
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