UK Money News
13th August 2008
Cash-strapped consumers cut down spending to pay energy bills
Millions of Britons are being forced to cut down non-essential spending in the face of the recent spate of energy price rises, it has been revealed.
In a poll conducted by moneysupermarket.com, nearly a quarter (23 per cent) of respondents said they had cut back on luxuries to pay their bills.
Furthermore, 34 per cent confessed that they are already harbouring worries about how they will afford to heat their home this winter.
The results of the survey follow price hikes from EDF and British Gas, with other energy companies expected to follow suit in weeks to come.
Scott Byrom, utilities manager at moneysupermarket.com, said: "With many people anxious about the rising cost of energy, it is encouraging to see that consumers are looking to be more energy efficient or swap to a cheaper deal to save money.
"However, with only two of the big six energy giants having shown their hand, I advise all those looking to secure an online deal to wait until we know how the land lies and once the full bout of price rises has taken place."
back to August's Money News
This article and more Latest Money News can be found on MoneyCrocodile.co.uk
Personal Loans from UKPersonalLoans.com
Personal Secured Loans for Homeowners and Personal Tenant Loans for Non-Homeowners. You can apply online for an Any Purpose Loan or Personal Debt Consolidation Loans or use one of our Loan Calculators.
Debt Advice from ReduceDebt.com
Debt problems? Refused a loan? Got CCJ's or Arrears? Get the best advice and help by enquiring online. Our Debt Professionals will help you whatever debt problems you have. Some of the options available to you are Debt Management, Debt Consolidation, Debt Couselling and IVAs,
UK Personal Finance from MoneyCrocodile.co.uk
UK Online Personal Finance site covering: Loans, Mortgages, Credit Cards, Insurance, Debt Advice, Bankings and Savings, Finance Tools and Money Jargon. We also cover Any Purpose Loans, Secured Loans, Personal Loans, Tenant Loans, Car Loans and Debt Consolidation Loans. If you are looking for Personal Finance let Money Crocodile put a smile on your face.
Car Loans from GBCarLoans.com
Don't just accept the dealers finance - get a quote from us before you buy!. UK Car Loans for New Cars or Used Cars: Supermini, Small, Hatchback, Saloon, Estate, MPV, 4x4, Sports, Luxury, Executive, Cabriolet or Classic Car.
Tenant Loans from TenantLoan.com
If you're looking for a low cost tenant loan, then look no further. We aim to find you a highly competitive interest rate and you can borrow anything from £5,000 and £250,000 with up to 25 years to pay.
