Sir Keir Starmer has laid the groundwork for an increase in taxes after warning the Autumn Budget on 30 October will be 'painful'. Increases to income tax, national insurance and VAT have already been ruled out, making it harder to balance Britain's books.
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Energy price cap hike could raise bills by over £550 for least energy-efficient homes, says Rightmove
Some of Britain's least energy efficient homes could see their annual energy bill rise by more than £550 from the start of October, according to Rightmove. The average home currently pays bills of £1,568 a year, with prices limited by the Ofgem energy price cap , but this will rise to £1,717 from 1 October. However, those in poorly-insulated homes could see much larger increases.
EXCLUSIVESupermarket battle for customers has been fierce in the past decade - we reveal how Aldi and Lidl have taken a huge bite out of Asda and Morrisons
The worsening economic conditions have also pushed supermarkets to focus on value, with budget retailers like Aldi and Lidl the main beneficiaries.While Tesco and Sainsbury's still have a stronghold on the market, Asda and Morrison's have lost ground. So what's behind the big changes in market share and how much could change in the next decade?
What's YOUR 'grandparent salary'? Calculator reveals how much childcare help during the school holidays is REALLY worth
With school summer holidays in full swing, parents can find themselves hard-pressed to juggle the stresses of work and childcare without spending considerable sums on professional help. Unsurprisingly, many grandparents find themselves the first port of call for childcare during the holiday period - and a new calculator suggests their 'work' could be worth an average of almost £11,000 per year.
Can parents dodge Labour tax on private school fees by paying in advance? HEATHER ROGERS replies
I understand Labour will enact a policy whereby they can retrospectively charge VAT on any school fees paid from the date the policy starts, giving them time to put a framework around the VAT charging and claw back backdated VAT. Is this the case and if so how likely is challenging it to be successful?
Half a MILLION taxpayers caught in the 60% tax trap as they earn more than £100,000 a year
More people than ever are being stung by the 60 per cent tax trap , which affects those earning between £100,000 and £125,150 a year. While the official top income tax rate is 45 per cent for earnings above £125,140, the removal of the personal allowance above £100,000 means an even higher marginal rate just below that.
CRANE ON THE CASE: Our Octopus smart meter went dumb, and we can't do manual readings as we're disabled - now our bills are rising
My wife and I have had nothing but problems with our Octopus smart gas meter. There is a problem with the connection, meaning it is not 'smart' and readings don't get sent automatically. We are disabled and due to the meter's positioning, we cannot read it - so unless Octopus sends someone to read it for us, our bills are based on estimated usage. I already complained to the Energy Ombudsman and Octopus promised to send a meter reader every three months, but that hasn't happened. Now our bills are rising again and we've been told we owe £1,423.
How much YOUR water bill will rise in the next five years - and what you can do NOW to help prevent higher costs
Water bills are due to rise for almost all of the country - and residents of just one lucky region will see these costs drop. The water bill changes are laid out in proposals by regulator Ofwat, which has analysed the spending plans of English and Welsh water companies. But there are some things you can do to cut water bills, especially if you have a water meter fitted.
Got a water meter? Getting a new toilet could save you £109 a year on your bills - as waste now costs some homes £300
Households could save £300 on their water bills each year by cutting down on waste and thirsty appliances - and getting a new toilet could save more than £100. Moving from a traditional flush toilet to one with a dual flush saves £109 a year on average, the research found - with toilets using 22% of all water used in a home. However, they will need to be on a water meter in order to benefit.
Which companies have the best customer service? Survey shows top 10... but most are falling FAR below expectations
Customer service levels at the country's biggest companies have deteriorated, according to a report. The latest UK Customer Satisfaction Index by the Institute of Customer Service asked 60,000 people what they thought of the customer service at 275 major firms - and found that satisfaction was at its lowest level since 2010. Retailers top the customer satisfaction list, with seven of the top 10 organisations in that sector.
HOW THIS IS MONEY CAN HELP
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BILLS: DON'T MISS
- What inflation falling means for you: CPI falls to Bank of England's 2% target - what happens next?
- What the UK general election means for the economy and your finances
- What the Labour manifesto means for your finances: From income tax, to pensions and 'securonomics'
- What the Conservative manifesto means for your finances: From an NI tax cut, to pensions and stamp duty
- What the Lib Dem manifesto means for your finances: Free personal care, CGT hikes and a spending increase
- Should you claim child benefit? What it's worth - and common traps
- How to save money on broadband and mobile phone bills as prices rise
- Car insurance questions you REALLY don't want to get wrong: These could invalidate your cover
- Typical energy bill set to fall by £116 in July, latest Cornwall Insight forecast predicts
ANSWERS FROM THE Experts
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- I thought our wills would cost £47 but ended up paying the firm £600: TONY HETHERINGTON investigates
- Pension firm demand £95,000 back for error that was all its fault: TONY HETHERINGTON investigates
- I sent back a laptop, but the retailer says package never arrived - what do I do? DEAN DUNHAM replies
- I rejected my online shop as items were missing - can Tesco still charge for delivery? DEAN DUNHAM replies
LATEST ON HOUSEHOLD Cost of living & bills
- Sharp drop in households having a smart meter fitted - and millions say theirs doesn't work
- Reform tax and benefits in Budget or living standards for middle earners will be 'weak,' Labour told
- My Evri parcel went AWOL... but it's a rare item: Can I make the firm keep looking for it? CRANE ON THE CASE
- Autumn Budget 2024: When it is and what experts predict will happen - from tax rises to pensions
- Parents switch to second hand school uniforms as kitting child out for new year costs £422
- How to save money on energy: What you need to know and energy-saving tips that work
- I want to buy Oasis tickets but I'm worried the gigs will be cancelled: Would I get my money back?
- Apprentices can now learn to be a pilot, paramedic or army officer: How to get a place with a top firm
- Shop prices fall for the first time in almost three years after summer of heavy discounting
- Loathed energy bill standing charges could FINALLY fall - but it could mean lower-income homes pay more