How to keep warm in cold weather when budgets are squeezed

Published On Jan 3, 2025, 10:27 AM

The article discusses the impact of rising energy costs on UK households during sub-zero winter temperatures. It offers advice on how to stay warm and save on energy bills, including usage of heating, efficient home practices, and consuming warming foods. It emphasizes the importance of personal safety and health, especially for vulnerable populations, and suggests local support options for those struggling financially.

Stock Forecasts

NEM

Positive

Due to the significant rise in energy prices and the ongoing cold snap, companies involved in energy provision and efficiency measures are likely to see increased demand. Additionally, firms that manufacture heating products, energy-efficient appliances, or home insulation materials might benefit from this situation.

DTE

Negative

Utilities like gas and electricity providers may face scrutiny and regulatory pressures because of the rising prices and public response. This could lead to potential stock price volatility or downward trend in the short term as customers push back against high bills.

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