Energy price reductions 'don't cut it'

Residential landlords who offer properties on an all-bills-included basis could be among those who are struggling to meet the demands of energy prices.

A new report, published by price comparison service moneysupermarket.com, has revealed that more than three-quarters of Britons "struggle" to pay their utility bills.

The figure comes despite a range of new tariffs being offered by the "big six" suppliers of gas and electricity.

According to the website, the new prices "don't cut it" and are not enough to ease the financial burden on a number of households.

Scott Byrom, the organisation's utilities manager, said: "It's clear the high energy bills we saw over the coldest winter for 30 years were far beyond what many Brits can afford.

"While we have seen providers beginning to reduce their prices, these cuts have unfortunately been a drop in the ocean and to add insult to injury most of the price reductions announced recently don't come into effect until the end of the month, once the worst of the cold period is well and truly over."

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