Energy bills for a typical household are set to rise by £21 a year in January, bringing the total cost to £1,738 annually, with prices remaining high due to the ongoing impact of Covid. The price increase, set by regulator Ofgem’s quarterly cap, will affect 26 million households in the UK, leading to concerns about energy affordability and debt accumulation. While energy companies offer support, charities are calling for targeted government assistance to prevent households from facing the challenges of high bills and cold homes during the winter season.
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Walmart to pay $10 million to settle lawsuit over money transfer fraud
Walmart has agreed to pay $10 million to settle a Federal Trade Commission lawsuit accusing it of overlooking fraud involving its money transfer services, which scammers exploited to steal from consumers. The settlement, pending approval from U.S. District Judge Manish Shah, requires Walmart to halt processing suspected fraudulent transfers and comes after the FTC highlighted various scam schemes targeting victims. Need More Context? 🔎
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