Government announces new fuel measures
The government has announced a series of measures designed to help vulnerable and less wealthy people with their fuel bills.Changes to the law will be sought, to allow the sharing of data with energy suppliers and a pilot scheme involving 3,000 households will oblige firms to give customers applying for Warm Front grants advice on how to make the maximum savings.A £3 million microgeneration project will be introduced in an attempt to help fuel poor communities as part of the government's low carbon buildings programme.Energy Minister Malcolm Wicks commented: "We've got a commitment from the energy companies now to provide an extra £225 million in social assistance by increasing their investment to £150 million per year by 2011."Now we're working on finding ways to get them the right information to enable them to get that money to those who need it the most."There is also due to be a formal consultation on the Heat Strategy in Autumn.
Share this..
Related stories
Soaring fuel prices could leave millions facing meltdown
The spectre of looming fuel price rises would push millions of Britons into financial meltdown, according to a new study. Among the 1,600 people surveyed by price comparison site moneysupermarket.com, over two thirds said that they would not be able to cope financially should the cost of gas and electricity and petrol increase further. Meanwhile, 29 per cent said they would be a "little worried" i...
Read MoreAsda staff set to collect share bonus
Member of the Asda employee sharesave scheme are set to reap substantial benefits after taking the plunge with their hard earned cash. The company believes that around £43 million will be paid out to employee sharesave members over the next few months which will be a 150% return on their initial capital investment.
Over the period Wal-Mart shares have increased from around £21 to...
Monthly News Roundup – September
Within this feature we like to recap the previous month, looking at the top personal finance news from around the UK and how it might affect you. This month we look back at September, and highlight the hot topics raised throughout the month.
Mortgage and Property news
Property prices and mortgages really were the hot topics throughout September. There has been no secret made of t...
Read MoreCabinet ministers embarrassed by expense leaks
As the Labour government appears to be lurching from one disaster to another there have been a number of damaging expenses leaks in relation to Cabinet Minister spending. It is reported that a number of senior ministers and the Prime Minister have made a variety of expense claims which while perfectly legal and within the regulations will cause outrage amongst UK voters.
Amongst the...
David Cameron to maintain union funding if he is victorious
Despite the fact that David Cameron is in many ways seen as the devil in disguise by the trade union movement, it has been revealed that a number of trade union funding programs would be maintained under a Conservative government. While in public David Cameron has been very critical of the union movement, in reality he has set about trying to mend bridges which were broken during the Margaret That...
Read More