Are we getting a fair deal on the energy bill and why have fixed costs increased explosively? This is the Money podcast


According to forecasts, energy bills will rise twice next year. The limit, which is currently £1,717 per year, will rise to £1,738 from January 1, 2025 and is expected to rise to £1,782 from April 2025.

That’s the bad news. The better news is that fixed costs are in the spotlight – and the regulator is proposing that energy companies will have to offer deals without this scheme next winter.

This week Lee Boyce, Simon Lambert and Georgie Frost talk energy: do you need to fix the problem, are the current charges fair and are net zero targets responsible for the bills that could rise next year?

The use of cash is increasing and half of British people say they have had problems paying in cash in the past year. When was the last time you spent physical money, and do you care if it disappears?

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Fences and fortunes is the name of the game with our two reader questions this week.

Storm Darragh recently caused widespread damage across the country, and for some this meant property damage. So who is responsible for fixing a broken fence?

And then a question about IHT: we cash in our pensions to avoid inheritance tax: what is the best way to give the money to our daughters?

Finally, Lee hasn’t won a Premium Bonds award in two and a half years. He says he is “hodling” them – short for “holding on for dear life” – a slang term popular in the crypto world. But should he be?

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