UK households face huge energy hikes in the New Year, according to new research.
Thisismoney reports on a study by Gocompare.com. The price comparison site calculates that the average rise for affected households will be £250.92 over a year. But the worst-hit are looking at a 41 per cent rise. This is because 35 fixed dual energy tariffs – including deals from Co-operative Energy, Npower, Scottish Power and Sainsbury’s Energy – end in January. After this point, customers will be automatically rolled onto standard variable rates which, in most cases, are more expensive.
Housing
The total value of the UK’s 28.9 million homes increased by more than 7 per cent over the year to reach a total of £8.17 trillion, according to new research published in The Guardian. The paper states: ‘This means the average property has gone up in value by £56.57 a day, according to property website Zoopla, which named the Norfolk market town of Diss as “the year’s biggest winner” when it came to price growth.
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