UK Money News
15th August 2008
Majority of Britons 'missing out on capped deals'
Millions of Britons are facing higher energy bills after failing to cap their tariffs this month, it has been revealed.
Earlier this month, British Gas and EDF Energy both announced substantial rises to their tariffs, prompting thousands of consumers to seek out capped deals.
However, according to research conducted by Fool.co.uk, 54 per cent of Britons did not move fast enough to see the off the forthcoming price rises.
Laura Starkey, finance expert at the site, said a number of options remain for customers who missed their chance.
Ms Starkey explained: "Consumers are faced with three choices. First, they wait and see. But this could be at the risk of missing the last of the good deals. Second, they take a capped tariff now, and feel the security of knowing their outgoings, albeit at higher prices than before.
"Or thirdly, they get ready to start switching. Finding a new tariff after each price hike may be the best way to keep on top of rising prices by applying a little regular legwork."
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.
