The British Economy looks like it could have already slipped back into Recession according to the think tank the Item Club.  They claimed today that Gross Domestic Product shank in the last three months of 2011, and will fall further in the first three months of 2012. Peter Spencer, their chief economic advisor told the BBC “Consumption was very badly hit by rising inflation last year, business... 

From February this year, EDF will cut the price of Gas to customer by 5% per unit.  The company had initially raised the price of Gas in November last year by 15.4% per unit  and the price of Electricity by 4.5% per unit.  The move is expected to help bring the cost down from other suppliers. This is good news for many households who are currently struggling to pay for the cost of household energy... 

The Government has recently published the Welfare Reform Bill, and the Bill is going through Parliament at the moment, and will become Law at some stage in the future. The idea behind reform to the Welfare system is to simplify the current system, and streamline the whole process.  The Government argues that it can also save billions of pounds when the new system is setup as currently there are over... 

The Co-Operative bank has today announced that it is freezing overdraft fees for the the first three months of the year.  The move is designed to save customers who have an agreed over draft with the bank money during the first quarter of the year when traditionally many are still paying off their debts after the Christmas period. The Co-Operative bank currently has 1.5 million customers and is the...