Are we getting a good deal on power payments and why have standing prices ballooned? This is Money podcast
Energy bills will rise twice next year, according to forecasts. The cap, currently at £1,717 a year, will rise to £1,738 from 1 January 2025 and is expected to go up to £1,782 from April 2025.
That’s the bad news. The better news is that standing charges are in the spotlight – and the regulator is proposing by next winter, energy firms will have to offer deals without it.
This week, Lee Boyce, Simon Lambert and Georgie Frost talk energy – should you fix, are standing charges fair and are net zero targets to blame for bills potentially rising next year?
Cash use is on the up and it comes as half of Britons say they’ve had trouble paying with cash in the last year. When was the last time you spent physical money – and do you care if it disappeared?
Fences and fortunes is the name of the game with our two reader questions this week.
Storm Darragh caused havoc recently and across the country, and for some, it meant some property damage. So just who is responsible for repairing a broken fence?
And then a question on IHT: We’re cashing in our pensions to avoid inheritance tax: What’s the best way to gift the money to our daughters?
Lastly, Lee hasn’t won a Premium Bonds prize in two and a half years. He says he’s ‘hodling’ them – short for ‘holding on for dear life’ – a slang term popular in the crypto world. But should he be?
