Tory MPs have called for the licence fee to be axed after a £10.50 hike was announced. The cost of a TV licence, set by the Government, will go up to £169.50 from next year. But Conservative MPs urged for the annual fee, which funds the majority of the BBC‘s operations, to be scrapped altogether. […]

Britain’s biggest mobile phone network providers are facing a class action claim alleging that loyal consumers are being overcharged. Consumer champion and former Citizens Advice executive Justin Gutmann is bringing the Loyalty Penalty Claim against Vodafone, EE, O2 and Three. The legal action alleges that customers who have bought contracts covering a handset as well […]

Iceland Foods has issued an ‘apology’ to loan sharks after the use of its credit scheme has led to an 80 percent reduction in the number of customers resorting to illegal borrowing. The Iceland Food Club, a credit scheme which offers interest-free micro-loans through Fair for You, is designed to help households manage their finances […]

Hundreds of thousands of people have cancelled their TV licence in the last year as more Britons turn to streaming services to avoid the hefty fee. The latest BBC annual report showed that the number of people buying a TV licence fee had fallen by 500,000 to 24.3 million in the last year. This resulted […]

As such, Britons are being reminded to shop for deals on savings interest rates as soon as possible as they could be gone in the coming months. Bank and building society customers have benefited from the Bank of England’s decision to raise the base rate in its battle against inflation. In recent months, the central […]

With parcel theft on the rise in the UK, ITV This Morning’s consumer editor Alice Beer took to the programme today to explain people’s rights to get their money back. Recent Freedom of Information (FOI) requests to British police forces by tech company Quadient found parcel theft increased by 57 percent in the past year, […]

The FTSE100 is back below 7,500 points again this morning after JPMorgan downgraded British Airways’ parent company IAG. The airline group is the index’s biggest faller so far and JPMorgan is expressing caution about most of Europe’s big flag-carriers, given the potential for large capacity increases to bring yields down against a backdrop of low […]

Thousands of Utilita customers are due to get hundreds of pounds worth of help for bills, as the energy firm has invested millions in a new support fund. The fund, Utilita Giving, has been given a £5million boost to provide aid, tools, and advice to lift households out of food and fuel poverty. The fund […]

Average UK house prices have increased for the second month in a row, but remain lower than this time last year. The typical home now costs £283,615, which works out around £1,300 more than last month, data from Halifax suggests. Yet, the Government’s House Price Index for November 2022 estimated average prices at approximately £295,000, […]

Quite aside from the moral aspect, hiding income, capital gains or valuable assets from the taxman isn’t easy. And it’s only getting harder. HM Revenue and Customs has wide-ranging powers and can delve deeper into your affairs than you can imagine. It has one thing you don’t have. A supercomputer. It’s called HMRC Connect and […]