
Charlotte Gifford
Personal Finance Reporter at The Telegraph
Contributor at Yahoo Sports Canada
Senior Money Reporter at @Telegraph covering tax and investments
Articles
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1 week ago |
ca.finance.yahoo.com | Charlotte Gifford
Energy firms have been ordered to pay £7m in compensation after households were incorrectly charged due to meter errors. Ofgem has ordered 10 suppliers including Octopus and Utility Warehouse to refund 34,000 customers who were erroneously billed more than what is allowed under the price cap.
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1 week ago |
yahoo.com | Charlotte Gifford
Energy firms have been ordered to pay £7m in compensation after households were incorrectly charged due to meter errors. Ofgem has ordered 10 suppliers including Octopus and Utility Warehouse to refund 34,000 customers who were erroneously billed more than what is allowed under the price cap.
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1 week ago |
telegraph.co.uk | Charlotte Gifford
The UK's largest supplier Octopus had the most customers impacted, at 20,862 out of 34,048. The firm paid out £2.6m in refunds and £546,000 in goodwill payments. The errors also affected customers at E.ON Next, Ecotricity, EDF Energy, Outfox the Market, OVO Energy, Rebel Energy, So Energy, Tru Energy and Utility Warehouse. Ofgem said customers would be refunded automatically if they had not been already.
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1 week ago |
sg.finance.yahoo.com | Charlotte Gifford
Charlotte Gifford Thu, 8 May 2025 at 9:00 am GMT-5 5 min read Recession Warning signs are flashing across financial markets. The US economy shrank by 0.3pc in the first quarter of 2025. JP Morgan Chase and Goldman Sachs have sharply increased their predictions for a US recession. Bookings for China-to-US container shipments have plunged 45pc year-on-year and, according to a University of Michigan survey, consumer sentiment in the US has seen its biggest drop since 1990.
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1 week ago |
ca.finance.yahoo.com | Charlotte Gifford
The Chancellor could be about to break Labour’s promise not to increase taxes for “working people”. Rachel Reeves has repeatedly vowed not to raise key taxes such as income tax, corporation tax or VAT. But she may have to disregard Labour’s manifesto pledge if low economic growth forces her to put up taxes in the autumn Budget. Record tax increases have derailed the UK economy, and threaten to blow a £57bn black hole in the public finances.
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