From April this year, around 15 million households will see their energy bills rise by more than £100 a year. The energy regulator Ofgem, says it is lifting the price cap because wholesale prices have risen.

Ofgem sets maximum prices for energy suppliers that can be charged to customers. The new cap could see households typically pay an extra £117 a year.

Dermot Nolan, Chief executive of Ofgem spoke with the BBC: “We can assure these customers that they remain protected from being overcharged for their energy and that these increases are only due to actual rises in energy costs, … Read more

2019 has a lot of changes in store for many UK citizens. Everything from how much tax you pay, to transitioning your mobile provider is changing in 2019. Wages and pensions are set to rise, but so is council tax and rail fares, so what is changing and when? And how will it affect you? With the uncertainty of Brexit, and the possibility of a second referendum or even another general election is is important to get on top of our financial planning, so we can handle whatever 2019 has in store.

Here are some of the key changes planned Read more