January 2015

British Gas has become the second Big Six energy provider to announce price cuts this year, but the drop doesn't take effect until 27 February and the 5% reduction only applies to gas.

If you're among those who need to file a self-assessment tax return but have left it almost until the last minute, you're likely to receive a nudge via email from HM Revenue and Customs.

More financially vulnerable people will be able to avoid the most drastic formal debt solution after the Government announced plans to increase the minimum level of debt that can force people into bankruptcy to £5,000 later this year.

If you're looking to switch energy provider, from today it could take half as long as it did in the past, following a voluntary move by suppliers to make the process easier and quicker.

Three-quarters of low income families struggled with their energy bills last year, jeopardising the health of their children, according to charity Turn2us.

E.on has today become the first energy provider to cut its standard energy prices this year, but the move will shave only £24 from an average customer's annual gas bill. Far greater savings are available to those who switch.

Car insurance prices may be rising, but the increasing use of pay-as-you-drive schemes – or telematics – is helping young motorists keep costs down, with premiums for this group falling by more than 21% in the last 12 months.

Inflation matched its lowest level on record in December when it fell to 0.5%, official figures showed today.