Millions of UK households are facing a rise in household bills as of today, with electricity bills increasing by £111 annually and water bills by £123. Martin Lewis shared tips on reducing water and energy bills on Good Morning Britain, advising switching to a water meter and checking for social tariffs and support schemes for low-income and disabled households. He also recommended comparing energy tariffs, reducing energy usage, and ensuring proper insulation to save money. Consumers were urged to only change tariffs if a better offer is found.
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UK growth forecast to slow sharply as Trump tariffs push confidence to record low
The EY Item Club forecasts a significant slowdown in the UK economy, predicting a GDP growth of only 0.8% this year, largely due to the impact of Donald Trump’s global tariff war on consumer spending and business investment. This outlook coincides with a separate Ipsos Mori poll indicating that three-quarters of Britons anticipate economic deterioration, highlighting a notable decline in confidence, which has reached its lowest level on record. The combination of these findings suggests...
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