Pensioners have successfully reclaimed £57 million from HM Revenue and Customs and are urged to check if they are owed money. The reclaim is part of a wider effort to ensure pensioners receive the correct amount of tax relief, highlighting the importance of checking for potential refunds.
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Energy bill to rise 1.2% in January under the new energy price cap
Ofgem has announced a 1.2% increase in the energy price cap for the first three months of 2025, raising the average household bill to £1,738. This follows a 10% rise in October, adding pressure on consumers hoping for lower prices. The hike, along with Winter Fuel Allowance cuts, challenges households, prompting advice to explore cheaper tariffs, payment options, and energy-saving measures. Full Article
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