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Consumer debt worry after body's demise

15/10/2010











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Millions of Britons could find themselves paying more for their bills and possibly needing debt, following the axing of Consumer Focus.

The consumer watchdog is one of the 192 government quangos to be closed as part of the coalition's plans to cut the nation's debt.

The organisation's chief executive Mike O'Connor has saluted the outgoing body for achieving big results like a £70m energy bill refund, but warns that whatever organisation picks up Consumer Focus' functions must keep up the fight for bill payers' rights.

However, whilst the government decides on Consumer Focus' successor, consumers will need to be wary of their bill levels and hope that they aren't taken advantage of and dragged into debt.

Director of Atlantic Financial Management Kevin Still, says, "Britons worried about their bills, especially their energy bills, should make comparing energy tariffs a priority, as rising energy costs may cause many families to fall into a debt spiral this winter.

Our sister company MoneySave Financial Solutions offers a free review at www.moneysavesolutions.co.uk."
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