Category Archives: Consumer News

UK retirees counting the cost of emigrating to the EU post Brexit

Brexit could make retiring to EU countries costly for UK citizens

After spending about 50 years working within the public or private sector in the UK, some retirees prefer to pursue a self-actualization mission of moving abroad to other EU countries to spend their sunset years in a different environment away from home.

ScottishPower Shakes up the UK Energy Market with ‘PowerUp’

Today saw a first for the UK energy market, with one of the so-called ‘Big Six’ suppliers ScottishPower launching its revolutionary new energy product ‘PowerUp’.

Water coming out of a tap from water supplier

Competition could be coming to the UK water supply market

Regularly switching your gas and electricity supplier to find the cheapest deal has now become the norm in the UK, with consumers having several different companies to choose from and a good few energy comparison sites to help them achieve the best savings with minimal effort. There is one huge market, though, that to date seems to have been left out of this retail revolution, and that is the UK water supply market.

What the Post-Brexit Property Market Could Mean for First Time Buyers

On June 23rd 2016 the world waited with baited breath to see whether or not Britain would vote to leave the European Union.

Seeing as over half of Britain’s wealth is tied up in property the response to this decision could be life-changing for many people.

Disability Benefits Are Still on Uncertain Ground Despite Government U-turn

Hammering out a national budget is never easy, and coming up with one that will please everyone is well nigh impossible. It is almost inevitably reduced to a strategy of robbing Peter to pay Paul, and sometimes, as in the budget proposals announced in mid-March 2016, that strategy can backfire. A proposed reduction of £55 a week in benefit payments to disabled people, in order to possibly fund a middle-class tax giveaway, created a storm of protest – not to mention what amounted to a Tory civil war. The proposed action would have removed the PIP – Personal Independence Payment – benefits from more than 600,000 disabled people over the next five years, resulting in a savings of £4.4 billion by 2020. The Institute for Fiscal Studies claimed that the cuts would have caused 370,000 disabled people to lose an average of £3,500 a year.