Millions of households face jump in water bills after regulator backs more price rises

Competition watchdog agrees requests from Anglian, Northumbrian, Southern, Wessex and South East to raise household bills

Water bills for millions of households in England will increase by even more than expected after the competition regulator gave the green light for five water suppliers to raise charges to customers – but rejected most of the companies’ demands.

An independent group of experts appointed by the Competition and Markets Authority (CMA) provisionally decided to allow the companies to collectively charge customers an extra £556m over the next five years, it said on Thursday. That was only 21% of the £2.7bn that the firms had requested.

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‘It’s unsustainable’: homes in Great Britain brace for winter with soaring energy debts

As typical annual dual-fuel charge rises to £1,755, charities warn over record £4.4bn owed to suppliers

Three and a half years after war plunged Europe into an energy supply crisis, millions of households in Great Britain are braced for another winter of painful gas and electricity bills.

On Wednesday, the quarterly cap on charges will increase again. Despite a fall in wholesale gas prices, the ceiling for a typical annual dual-fuel bill will rise by 2% to £1,755 to help cover the costs of energy policies and network upgrades.

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Britons preparing to ration energy as Ofgem price cap rises, says charity

National Energy Action says 58% of households expect to cut heating use as typical annual dual-fuel bill increases to £1,755

The majority of British households expect to restrict their home heating this winter to try to keep rising costs in check, according to research released as the price cap that dictates most bills rose again.

The fuel poverty charity National Energy Action said 58% of households told its survey they were likely to trim their energy use, a nine-percentage-point increase from the level in January.

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Social media and weight loss drugs drive UK rise in facelifts in men and people in their 40s

Number of procedures on men up by 26% as experts say cosmetic surgery has become normalised despite risks

Growing numbers of men and younger people are getting facelifts, a trend driven by social media, advances in surgical techniques and the rise of weight loss drugs.

Figures from the British Association of Aesthetic Plastic Surgeons (Baaps) show facelifts are on the rise in the UK. In 2024 there were 1,882 procedures, up 8% from the previous year. Women accounted for the majority, with numbers rising by 7% to 1,742. But the steepest increase came from men: procedures grew by 26%, from 111 in 2023 to 140 in 2024.

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The death of the wallet: how our pockets suddenly got a lot lighter

A new survey finds less than half of British people now carry a wallet – even though 80% own one

Name: The wallet.

Age: The word originates from the late 14th century, meaning something like knapsack. That’s how Shakespeare uses it in Troilus and Cressida, when Ulysses says: “Time hath, my lord, a wallet at his back.”

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Resale ‘subterfuge’: Viagogo sent fan his tickets along with a stranger’s passport

Experiences of booking for big London gigs underscore the opaque practices of some online platforms

When Danny bought tickets to see Deftones in Crystal Palace Park he was not expecting to be initiated into an apparent subterfuge.

Yet shortly before the south London gig, Viagogo, the resale platform that sold him the tickets, sent him a scanned copy of a passport ID page belonging to a Dutch man he had never met.

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Drop in new properties for rent is steepest since Covid, says Rics

Monthly report from surveyors’ body sees ‘firmly negative trend’ that is expected to push up rental prices

The flow of new rental properties coming on to the market has fallen at the fastest rate since the first Covid lockdown five years ago, according to research by Britain’s property surveyors.

Although the demand for properties is steady, there are fewer new rentals from landlords coming available, the Royal Institution of Chartered Surveyors (Rics) found.

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UK ministers push ahead with discount on bills for households near new pylons

Plans have provoked outrage from communities in areas of Great Britain expected to host new infrastructure

The government is pushing head with a plan to offer those who live near new electricity pylons a discount of £2,500 from their energy bills over the next 10 years to ease the backlash against its clean power plans.

Thousands of households within half a kilometre of new or upgraded electricity infrastructure could each receive up to £250 off their annual energy bill from next year to help speed up the rollout of infrastructure critical to the government’s targets.

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Millions in line for payouts from £18bn car loan compensation scheme

City regulator says motorists should start to get payments in 2026 with ‘most payouts likely to be under £950’

Millions of drivers could be handed a share of a multibillion-pound compensation package after the City regulator said it would open a redress scheme for consumers affected by the car finance scandal.

The Financial Conduct Authority (FCA) will consult on the redress scheme, which could cost banks between £9bn and £18bn when it begins paying consumers compensation next year.

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Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’

Defending industry over consumers sends ‘really bad message’, says Treasury committee member Bobby Dean

Rachel Reeves’ efforts to intervene in the supreme court case on the car finance scandal were “unprecedented and disgraceful” and send a “really bad message” to consumers that the government is willing to defend wrongdoing by banks, Treasury committee member and Lib Dem MP Bobby Dean has said.

While the supreme court largely sided with finance companies on Friday – helping lenders avoid a £44bn compensation bill – Dean said the chancellor had gone too far to show she was on the side of business.

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Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’

Defending industry over consumers sends ‘really bad message’, says Treasury committee member Bobby Dean

Rachel Reeves’ efforts to intervene in the supreme court case on the car finance scandal were “unprecedented and disgraceful” and send a “really bad message” to consumers that the government is willing to defend wrongdoing by banks, Treasury committee member and Lib Dem MP Bobby Dean has said.

While the supreme court largely sided with finance companies on Friday – helping lenders avoid a £44bn compensation bill – Dean said the chancellor had gone too far to show she was on the side of business.

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New ‘buy now, pay later’ affordability checks may cover even smallest loans

City watchdog publishes details of its plans to regulate the BNPL market, which has now grown to £13bn

Lenders may have to carry out affordability checks on even the smallest buy now, pay later loans under new rules drawn up by the City watchdog.

The Financial Conduct Authority (FCA)on Friday published details of its plan to regulate the £13bn buy now, pay later (BNPL) market.

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Father given £1,173 refund from nursery in England after ‘top-up’ fees investigation

Preschool establishment asked for extra compulsory fee for ‘consumables’ – but it should have been free

A nursery has refunded a father almost £1,200 after an investigation found he had been charged mandatory “top-up” fees for hours of childcare that should have been free.

Tiago Gomes’s daughter was eligible for government-funded childcare at the Lake House day nursery and preschool in Bristol but he was told that he must pay an extra compulsory fee for “consumables”.

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ASA cracks down on online pharmacies advertising weight loss injections

Watchdog releases nine new rulings setting clear precedents for online selling

Online pharmacies are no longer allowed to run adverts for weight loss injections, the advertising watchdog has ruled, as part of a crackdown on what has been described as a “wild west” culture of online selling.

In the UK, advertising prescription-only medications (POMs) – which includes all weight loss jabs such as Wegovy and Mounjaro – to the public is illegal. However, a Guardian investigation previously found some online pharmacies either breaking these rules outright, or exploiting grey areas to peddle the medications to the public.

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Lifetime Isas ‘could lead to savers making poor investment choices’, MPs say

Committee says products may not be best use of public money and may have been mis-sold to people on certain benefits

Lifetime Isas could lead to savers making poor investment decisions and may not be the best use of public money, a cross-party committee of MPs has said.

In a report published on Monday, the Treasury select committee described rules which penalise benefit claimants as “nonsensical” and concluded that lifetime Isas, known as Lisas, may have been mis-sold to savers eligible for universal credit or housing benefit.

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Zopa launches current account with cashback and 7.1% on savings

Digital bank hopes to tempt switchers with package including in-credit interest and fee-free travel spending

The battle for bank customers intensified this week, with a new player entering the UK current account market and offering cashback on bills and access to a savings account paying 7.1%.

Digital bank Zopa is hoping the perks – which also include in-credit interest and fee-free spending abroad – will tempt switchers to its first day-to-day account.

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UK energy meter switch-off delayed amid fears over heating and higher bills

RTS meters in 300,000 homes to be phased out rather than turned off on 30 June deadline

As the temperature climbed towards 30C the peril of turning off a system that could leave people with their heating stuck on full must have looked like an avoidable disaster.

On Thursday ministers confirmed the “widespread switch-off” of the Radio Teleswitch Service (RTS), which controls an old type of electricity meter, “will not happen” on 30 June.

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‘Not an attractive place to shop’: how Poundland lost its appeal to shoppers

Budget retailer had a pre-tax loss of more than £51m last year and is struggling to lure back customers amid stiff competition from rivals

“It’s not actually that cheap any more. It’s kind of lost its appeal because everything is not a pound.”

Samantha, a shopper outside Poundland’s Luton retail park outlet who is heading off to B&M to find some better deals, sums up the feelings of many of her fellow bargain hunters and a central problem facing the new owner of the budget retailer.

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Labour’s £13.2bn warm homes plan will not face cuts in spending review

Source confirms decision that will help meet net zero targets and pledge to cut energy bills by £300

Ministers have decided not to cut Labour’s landmark £13.2bn fund to fix draughty homes and install heat pumps and solar panels in next week’s spending review, it has emerged.

A government source confirmed Rachel Reeves, the chancellor, would not be making cuts to the flagship warm homes plan. The decision, which was first reported by the Daily Telegraph, marks a victory for Ed Miliband in his negotiations with the Treasury over the Department for Energy Security and Net Zero’s budget.

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Shein accused of ‘shaming’ customers into buying more than they can afford

Consumer watchdogs accuse Chinese fashion firm of ‘dark’ practices in formal complaint to European Commission

Consumer watchdogs from 21 countries have filed a formal complaint to EU authorities about alleged “dark” practices by the Chinese fast fashion firm Shein including the “shaming” of customers into buying more than they can afford.

The European Consumer Organisation (BEUC) has submitted a 29-page dossier to the European Commission citing multiple examples of “dark patterns”, or deceptive techniques designed to encourage purchases.

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