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Found 11 results

  1. Hello Friends, I have just come to know that OFGEM introduced several new regulations, back in 2014, to enforce simpler tariffs and clear information to be given to consumers. Was this made into a law and if so what is the Act number ( just like we have Housing Act 2004 ). Many Thanks for this. -NewLyyn.
  2. Comparison sites accused over calls The "big five" comparison websites are directing callers to energy tariffs that earn them commission despite being asked for the cheapest deal - months after they faced allegations that they used similar tactics online, it has been claimed. Collective switching website The Big Deal has released recordings of phone calls and transcripts from last month in which it claims that all five of the biggest comparison sites - uSwitch, Go Compare, MoneySuperMarket, Compare the Market and Confused.com - failed to mention deals that did not pay them a commission. In the case of uSwitch, the difference between what it claimed was the cheapest deal and the actual lowest tariff was £60, The Big Deal said. http://www.dailymail.co.uk/wires/pa/article-2935857/Comparison-sites-accused-calls.html You can read the phone call transcripts here: https://thisisthebigdeal.com/blog/PCW-Miselling-Over-The-Phone Last October it was revealed that the price comparison sites were hiding the cheapest “switching” deals in favour of suppliers who pay them commission. Consumers were only given access to the full range of deals – that is, including suppliers who did not pay the sites commission for referring potential customers – if they unticked pre-selected boxes. Confused and MoneySupermarket have since stopped hiding energy deals, but uSwitch, Go Compare and Compare the Market still only show deals they make commission from by default.
  3. HI ALL,..what is the best figure to use TCR.. STANDING CHARGE ..KW RATE.....when you do a comparison..i have a pre payment meter and want to change but the figures are pretty confusing...cheers paul
  4. Train companies are being forced to offer commuters the cheapest rail fares possible, following criticism that passengers can pay an excess of £100 when purchasing tickets at self-service machines instead of paying at a ticket counter. The changes, which are expected to be implemented by March, are aimed at ending the anomaly in prices available at the counter, where staff have access to a complex database of fares, discounts and promotions, and the more limited options in a self-service machines. Some machines have been found to promote expensive fares, bury cheaper options and do not apply discounts for groups or families, leading to a difference in train prices of up to £100, according to the Daily Telegraph. As a first step, they must label all self-service machines by March to warn passengers they could save money by using the counter service. http://www.independent.co.uk/news/uk/home-news/rail-bosses-told-to-show-passengers-how-to-get-cheapest-tickets-9952838.html
  5. Rail passengers are routinely being denied the cheapest fares when they buy tickets at stations, The Telegraph can disclose. Self-service machines — which are used to purchase almost a quarter of all tickets sold annually — offer wildly different fares, an investigation by this newspaper shows. Customers buying from a machine can pay more than £200 when a ticket for the same destination can be found elsewhere at the station for more than £100 cheaper. For example, at machines run by train company Northern Rail in Leeds, passengers buying a First-Class Anytime Return to Birmingham were charged £271. Only feet away, an East Coast trains machine offered the same journey using a First-Class Off-peak Return for £145.70. This type of ticket is not available for customers using Northern Rail’s machines, which means that some passengers might not be aware that they could save £125.30 by travelling off-peak. The Telegraph investigation examined rail fares across the country and found that customers were being offered different prices for the same journey depending on which operator’s machine they used. http://www.telegraph.co.uk/news/uknews/road-and-rail-transport/11175688/Rail-ticket-rip-off-passengers-routinely-denied-cheapest-fares.html The best way to ensure you don't get ripped off is to buy your ticket at the ticket office. Ticket office clerks are required by law to offer the cheapest tickets, regardless of which company they work for.
  6. The best way to outsmart Ryanair's pricing policy is to book ten days before your flight departs, it was claimed today. Economics professor Claudio Piga said he has researched the low-cost airline’s flight costs - and found passengers booking their trip at least seven weeks in advance pay more. But the Keele University expert also found that fares are raised by between 50 and 75 per cent in the last few days before departure, meaning last-minute bargain hunting is not the best method. The professor described prices from low-cost airlines as being on a ‘U-shaped temporal profile’, with best value available ten days before take-off. He realised that the price of seats on flights went up by around 3 per cent every time one was sold. The airline however claimed that "Ryanair's lowest fares are sold on a first come, first served basis and rise only as quickly as the low fare class are sold in the six months prior to departure." Read more: http://www.dailymail.co.uk/news/article-2598168/Experts-crack-secret-buy-cheapest-fares-Ryanair-book-exactly-ten-days-departure.html#ixzz2yCq9zLYN
  7. Can anyone recommend a really cheap way to travel to Luxemburg around the 26th September I intend traveling out on the 25th, and returning on the 26th with one nights basic accommodation to bring into the equation. Bed and breakfast will be fine. I am unable to drive Links will be nice for the budget traveler Thanks
  8. First direct has launched the market’s cheapest five-year fixed rate mortgage at 2.64 per cent. The deal has a £1,399 fee and is available up to 65 per cent loan-to-value. It is available as either a repayment or offset loan. The lender also today launches a 2.49 per cent three-year fixed rate, also available up to 65 per cent LTV, with a £1,499 fee. It has also launched a 2.38 per cent tracker mortgage with a £1,699 fee. First direct head of retail products Andy Forbes says: “Over the last month we have seen competition increase in the mortgage market. In particular our five year fixed rates have been extremely popular. In response to this demand we have lowered the rates on many of our five year fixed rates, to ensure our customers have access to our most competitive rates.” Link: http://www.mortgagestrategy.co.uk/latest-news/first-direct-launches-markets-cheapest-five-year-fixed-rate/1067756.article
  9. A major study by consumer group Which? found that Tuesdays are the cheapest day of the week to fly out of Britain, and travelling midweek can save people a significant sum of money. For outbound flights Tuesday was, on average, the cheapest day to fly with the three biggest airlines in the UK. Flights with EasyJet from London Gatwick to Alicante on a Friday were, on average, 35 per cent or £28 more expensive than a Tuesday. Which? found flying on a Sunday was, on average, the most expensive day to return home. Return flights with EasyJet from London Gatwick to Alicante on Sundays were, on average, 45 per cent or £56 more expensive than Thursdays. The study also revealed that as well as cheaper days, there were cheaper times of the day to fly, though this varied across different airlines. BA's cheapest outbound flights were before 7.30am in the morning. However, outbound flights with EasyJet between 5.45am and 11am in the mornings were their most expensive. http://www.telegraph.co.uk/news/aviation/9501573/Flying-Its-cheapest-to-catch-a-plane-on-a-Tuesday.html#
  10. ScottishPower has announced the arrival of the cheapest energy deal on the market with its new plan – the Online Energy Fixed November 2013. At £1,052 a year, the new plan is £2 cheaper than EDF Energy’s Blue+ Price Promise September 2013. It also offers fixed price protection until 31st October, 2013 - one month longer than EDF Energy’s plan. It makes ScottishPower the first of the Big Six energy suppliers to challenge EDF Energy’s position as the cheapest supplier in the market. In April, EDF Energy launched its ‘Blue +Price Promise September 2013′, which guaranteed no price rises until September 2013 and no termination fee if you wanted to switch energy suppliers. http://www.uswitch.com/blog/2012/07/17/scottishpower-rocks-energy-market-prices-again/?utm_campaign=scottishpower-rocks-energy-market-prices-again&utm_medium=rss&utm_source=rss
  11. Now they've started lending the drug cartel money to us
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