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Money Wellness Warns UK Households on a Knife-Edge Despite Price-Cap Cut

The charity urges urgent action to head off hardship if bills climb again after July.

Overview

  • Money Wellness says a further rise after July could force families to choose between heating, food or other essentials.
  • The energy price cap fell by nearly 7% this month, trimming about £117 a year from a typical household bill.
  • Nearly half of the charity’s clients are already in arrears, with some carrying combined debts of up to £15,000.
  • The group’s six steps are to contact your supplier, seek early debt advice, fix payments, check entitlements, use energy‑saving measures and review your budget.
  • Help exists through suppliers and councils, with options like tailored repayment plans, emergency credit, local crisis grants and, in some cases, about £3,000 a year in extra support found by advisers.