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Gas prices to be cut by £35 on average

Average annual bills for British Gas customers are set to fall by £35 after the company announced a 5% cut for prices for household gas.

The move, which is expected to be followed by the other "Big Six" major energy firms, will come in ahead of the winter and reflects lower costs, according to British Gas.

It comes as National Grid warned it would have to spend more money on putting measures in place to keep the lights on this winter - adding an average extra 50p onto consumer bills - in the face of a worsening energy crunch.

British Gas said while it was cutting gas prices, electricity prices will remain unchanged.

The company said the price cut for customers on standard and "fix and fall" tariffs will come into effect on August 27th


Chancellor to deliver first Tory Budget since 1996

Credit: PA

The Chancellor, George Osborne, will deliver the summer Budget later today.

It's the first Budget to be delivered by a Conservative government since 1996.

The Budget is expected to reflect many of the policies outlined in the Tory manifesto.

George Osborne is expected to include policies on:

  • Raising the 40p tax threshold to £50,000
  • Inheritance tax threshold will increase to £1m for couples by 2017
  • Benefits cap per household will fall to £20,000
  • Sunday trading laws to be extended to more than six hours
  • Reform to welfare benefits including tax credits

Axed UK Independent Living Fund replaced in Wales

A new £20m fund to support more than 1,600 disabled people in Wales with their care needs comes into operation today.

Disabled people with significant care needs will receive direct cash payments from local authorities. Credit: Dominic Lipinski/PA Wire

The move follows the closure of the Independent Living Fund (ILF) by the UK Government.

Disabled people with significant care needs will receive direct cash payments from local authorities to help meet the cost of the care and support they need.

Until yesterday, when the ILF closed, people received ILF payments to pay for a range of care and support, including help with eating and drinking; cooking and preparing food and drink; assistance with dressing; cleaning, laundry and other domestic duties.

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