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Showing posts from August 3, 2026

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Weekly Money Saving Update: Interest Rates, Savings Boosts, and Consumer Alerts

on August 03, 2026

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Most read in the last month

Utility Warehouse Cashback Card: Is It Worth It in 2026?

The Utility Warehouse Cashback Card is a prepaid card that gives eligible customers an easy way to earn cashback on everyday spending. It can also help reduce your UW bill, which makes it a bit different from the usual cashback cards on the market. Because it works wherever Mastercard is accepted, it’s simple to use for both online and in-store shopping. What makes it stand out is how the cashback is handled. Instead of paying rewards out separately, UW applies them to your account, so the savings go straight toward lowering your bill. For many households, that makes the card feel like a practical way to get a little more back from spending they were already planning to do. How the card works The Cashback Card gives you cashback in two main ways. At selected partner retailers, you can earn up to 10% cashback, with no cap. While qualifying everyday purchases at other retailers can earn 1% cashback, subject to the monthly cap linked to your bundle services. The cashback is t...

OVO and E.ON Merger: What It Means for Customers and Energy Bills

E.ON has announced plans to acquire OVO ’s UK energy retail business, but the deal is not complete yet and still needs regulatory approval. For customers, that means there is no immediate change to supply, tariff, or account management while the process is reviewed. 1, 2 This matters because energy mergers can sound bigger and more disruptive than they actually are at first. In the short term, most OVO customers are likely to see very little change, while the longer-term impact will depend on whether the combined business improves service, billing, and value for money. 1, 5, 6 What Has Been Announced On 10 and 11 May 2026, OVO and E.ON confirmed that E.ON intends to buy OVO’s retail energy business, while OVO’s Home Services business will be sold separately to Hometree. 1, 5 The companies have said the move still has to go through the usual process before anything becomes final. 1, 2 The size of the deal is what has caught people’s attention. If completed, the mer...

Weekly UK Energy Market Update: Navigating Supply Challenges and Green Transitions

This week in the UK energy market has presented a mix of challenges and forward-looking developments, highlighting the ongoing tensions between traditional fossil fuel extraction, grid stability, and the accelerating push towards renewable energy. From debates over new gas fields to concerns about grid reliability, the landscape remains dynamic, with direct implications for consumers. North Sea Gas: Jobs vs. Supply The debate around new North Sea drilling continues to draw attention. Industry groups are actively lobbying potential Prime Minister Andy Burnham to approve new projects like Rosebank and Jackdaw, appealing to his reindustrialisation agenda. However, recent documents reveal that the proposed Jackdaw gasfield, for instance, is projected to create only 27 direct full-time jobs, leading campaigners to question its economic benefit to the UK. This underscores the ongoing discussion about the balance between domestic energy supply and the transition to a low-carbon economy. Fo...

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