UK money news stories - 28 May 2025

Keir Starmer confirms U-turn on winter fuel payment cuts

Prime Minister Kier Starmer has announced he’d adjust the threshold for the winter fuel payments, worth up to £300, to allow more pensioners to claim it again.The details are yet to be confirmed but here’s what we know so far. 

Thousands to get payouts over forced prepayment meter fitting

Tens of thousands of households will receive compensation of up to £1,000 each, and could see debts written off, in response to the scandal over the forced fitting of prepayment meters, often when customers were vulnerable.

Exclusive: almost one in three guests take on debt to attend wedding celebrations

Being invited to a loved one's wedding is a real honour. But our exclusive research has revealed that being a guest isn't so good for our finances. But what’s the true cost of attending weddings plus hen and stag dos? 

How £1.1bn was lost to fraud in 2024 as purchase scams soar

The UK’s still being plagued by fraudsters with over £1bn being stolen last year, according to the latest figures. But the true figures are expected to be even higher because so much fraud goes unreported. 

Energy price cap to fall by 7% from July 2025

The average household energy bill is reducing by £129 a year from July, meaning a typical household will pay around £143 a month. Here’s everything you need to know about the new energy price cap and what it means for your money.