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Articles up to May 9th, 2025

Articles up to May 9th, 2025

Metro09-05-2025

Kara Gammell
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Money journalist
Kara Gammell is an award-winning financial journalist with nearly two decades of experience writing about money for national newspapers and magazines. Kara regularly appears as a money expert on tv, radio and podcasts and is founder of money-saving blog Your Best Friend's Guide to Cash.

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Embarrassed people turning to unreliable sources for financial help
Embarrassed people turning to unreliable sources for financial help

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time21-05-2025

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Embarrassed people turning to unreliable sources for financial help

Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info People are turning to AI for financial advice as new data reveals one in five 18-24 year olds have used artificial intelligence tools for help with money. The Money Talks report from MoneySuperMarket and suicide prevention charity Campaign Against Living Miserably (CALM) shows younger people are also being influenced by financial content on social media. The report also found that young people are feeling pressured by social media to make more money, with a third saying the content they viewed made them feel they have to be financially successful. And one in 10 said that after going online they felt influenced to invest in riskier products such as NFTs or cryptocurrency. Four out of 10 young people said they did not feel confident when it comes to money, but over half said embarrassment would stop them from asking friends, family or other adults in their lives for help with managing money. Instead, they are using AI tools and social media to fill in the gaps in their financial knowledge - leaving them vulnerable if they do not check if that information is accurate and credible. MoneySuperMarket's personal finance expert Kara Gammell said: 'This research underscores the financial and mental health challenges facing younger people. The taboo that stops people talking about money and money worries is not only impacting people's finances, it's harming their well-being too. 'We're proud to partner with Campaign Against Living Miserably on the Money Talks campaign. Together, we're providing resources and support to make it easier to talk about money and to access information to help make financial decisions. These resources are available for everyone at

Big supplier launches market-leading energy deal that's £265 below price cap and you'll get free electricity on Sundays
Big supplier launches market-leading energy deal that's £265 below price cap and you'll get free electricity on Sundays

Scottish Sun

time30-04-2025

  • Scottish Sun

Big supplier launches market-leading energy deal that's £265 below price cap and you'll get free electricity on Sundays

A BIG energy supplier has launched a market-leading fixed energy deal that's £265 cheaper than Ofgem's price cap. British Gas, if offering customers the chance to fix and lower their bills for the next 12 months. 1 Customers can also take advantage of discounted electricity on Sundays via the Peak Save Sundays scheme Available exclusively through MoneySuperMarket, the British Gas Fixed Tariff v63 is priced at £1,584 a year - £265 below Ofgem's current price cap and £99 cheaper than Cornwall Insight's July price cap forecast. This deal could benefit millions, as over 22million households on standard variable tariffs remain directly impacted by the price cap which changes every three months. Currently, the price cap sets annual energy costs at around £1,849. Analysts at Cornwall Insight predict this will drop by nearly 9% to £1,683 in July. However, many households may still pay more than Ofgem's headline figure. This is because the price cap doesn't cap total bills but limits the maximum cost per kilowatt-hour (kWh) of gas and electricity, along with daily standing charges. By choosing a fixed deal, customers can lock in consistent rates for a set period, potentially avoiding fluctuations in energy prices. Kara Gammell, personal finance expert at MoneySuperMarket, said: "This British Gas fixed deal is currently the cheapest of all major energy suppliers in the UK, and could save customers over £260 a year on their energy bills. "Switching to a fixed tariff like this one can make budgeting your monthly and annual bills easier, as well as offering protection from any future price cap rises." Of course, opting for a fixed energy deal carries the risk that, if energy prices drop further, you might end up paying more than you would on a variable tariff. What is the energy price cap? However, analysts have long said that households should not anticipate any significant drops in prices this year. If you're interested in signing up for the British Gas fixed tariff, you can do so by visiting Hurry, though - the offer is only available until 5pm tomorrow (May 1). How can I check future price cap predictions? EDF Energy has launches a brand new Ofgem price cap prediction tool on its website. The energy company updates the tool with new information about changes to the cap on energy prices every Tuesday. It also includes advice on how this affects your energy tariff choices. You can find out more by visiting Customers signing up for British Gas' latest fixed tariff can also take advantage of discounted electricity sessions on Sundays through the Peak Save Sundays scheme. This initiative offers eligible customers half-price electricity between 11am and 4pm every Sunday. To join the scheme, visit and submit your application. If successful, British Gas will notify you, and your savings will appear as "PeakSave Credit" on your next energy bill or online statement. The scheme is only available to customers with a smart credit or prepayment meter capable of sending half-hourly readings. If you don't already have a smart meter, British Gas will install one in your home free of charge. How can I find the cheapest fixed deals? To find the best fixed energy deals, start by visiting price comparison websites, which aggregate various offers from different energy suppliers. The best sites include and MoneySavingExpert's Cheap Energy Club. Enter your postcode and current energy usage details to receive a list of available deals tailored to your needs - it'll take you less than five minutes. You'll then be able to compare the rates, contract lengths, and any additional features or benefits offered by each deal. Next, visit the websites of individual energy suppliers to check if they have exclusive deals that are not listed on comparison sites. Sometimes, suppliers offer special promotions or discounts directly to customers. Compare these offers with those on the comparison websites to ensure you get the best possible rate. Finally, consider customer service reviews and the overall reputation of the suppliers. Once you have identified the best deal, follow the instructions to switch your energy provider.

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