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Brits urged to shop around for utilities

Brits urged to shop around for utilities

Category: Gas and electricity

Updated: 20/04/2009
First Published: 20/04/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Shopping around for a cheaper gas & electricity provider is one way that consumers can make their wages go further, it has been stated.

The Co-operative Bank has made a number of suggestions for Britons who are looking to cut back on their spending, after finding that most people have used up their disposable income by the 20th of each month.

In addition to looking to switch utility suppliers, the bank urged consumers to regularly check accounts, with the study showing that 40 per cent of respondents are unaware of their balance.

John Barker, head of current accounts, remarked: "In the present economic climate developing a household budget is essential to keep spending in check and to identify ways costs can be trimmed."

Age Concern and Help the Aged recently called for greater help with energy bills to given to older people, noting that fuel poverty is a growing concern for many in the group.

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