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Kevin Mountford, Co-founder of financial savings group Raisin Uk explains what the impact of the recent decision by the Bank of England to freeze rates, will mean for savers and borrowers and indeed the wider economy.

Interest rates need to fall for the cost of living crisis abates - an expert explains

⏲ 2:0 👁 19.2M

TODAY

Simple financial changes that can really add up

⏲ 4 minutes 44 seconds 👁 4.8K

Benzinga

Ask A Financial Advisor: How do you add value?

⏲ 1 minute 4 seconds 👁 125

Instagram star and financial writer Miss Mummypenny advises on how a few simple changes to your boiler settings could save you a lot of money, long term.

Turn the dial and save big on energy costs!

⏲ 1:0 👁 5.4M

Streamline My Practice: For Financial Advisors

ADVISORS, Give Clients This Value Add Every Year - Financial Advisor Tips

⏲ 3 minutes 33 seconds 👁 374

Stock Moe

URGENT SHIBA INU COIN 🚀 PRICE PREDICTION & DOGECOIN 🔥 I AM BUYING! TOP CRYPTOS TO BUY NOW!!

⏲ 11 minutes 21 seconds 👁 916

The surge in households seeking aid for unpaid energy bills leading to court actions has doubled in the past year, as noted by Citizens Advice. Suppliers are increasingly resorting to legal measures to recoup energy debts, potentially causing long-term financial strain for households. This trend seems to have intensified following Ofgem's imposition of stringent restrictions on mandatory prepayment meter installations. <br/><br/>Last year, Citizens Advice provided guidance to 349 households facing County Court Judgments (CCJs) due to overdue gas and electricity bills, compared to 179 in 2022, coinciding with a record-high energy debt of £3.1 billion. The CCJs reported are the highest since 2019, likely representing only a fraction of the total judgments issued for energy debt recovery. Despite Ofgem's recent reduction of the energy price cap to £1,690 annually for typical dual fuel bills, data shows that energy debt continued to climb by £2.8 million daily in the latter half of last year, -So what can be done to reduce those energy costs?

Millions are struggling to pay their energy bills with court action against debtors doubling in the UK

⏲ 1:5 👁 5.9M

Financial Prepper

BAD… KEEPS GETTING WORSE

⏲ 20 minutes 6 seconds 👁 6.5K

Retire Rich

\"Don't Keep Your Cash In The Bank\": 6 Assets That Are Better & Safer Than Cash

⏲ 12 minutes 58 seconds 👁 2M

The surge in households seeking aid for unpaid energy bills leading to court actions has doubled in the past year, as noted by Citizens Advice. Suppliers are increasingly resorting to legal measures to recoup energy debts, potentially causing long-term financial strain for households. This trend seems to have intensified following Ofgem's imposition of stringent restrictions on mandatory prepayment meter installations. <br/><br/>Last year, Citizens Advice provided guidance to 349 households facing County Court Judgments (CCJs) due to overdue gas and electricity bills, compared to 179 in 2022, coinciding with a record-high energy debt of £3.1 billion. The CCJs reported are the highest since 2019, likely representing only a fraction of the total judgments issued for energy debt recovery. Despite Ofgem's recent reduction of the energy price cap to £1,690 annually for typical dual fuel bills, data shows that energy debt continued to climb by £2.8 million daily in the latter half of last year, -So what can be done to reduce those energy costs?

Millions are struggling to pay their energy bills with court action against debtors doubling in the UK

⏲ 1:5 👁 4.7M

PBS NewsHour

All the financial advice you’ll ever need fits on a single index card

⏲ 8 minutes 26 seconds 👁 2.1M

Financial Education

Get Ready To BUY! Market Drop Setting Up.

⏲ 29 minutes 59 seconds 👁 25.1K

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