More than 2.7 per cent of gas and electricity Direct Debit payments failed in April.
More British households than ever are defaulting on their energy bills, with new figures from the Office for National Statistics (ONS) showing just how tough things are right now. Last month (April), more than 2.7 per cent of gas and electricity direct debits failed because there wasn’t enough money in people’s accounts.
That’s the highest rate since records began in 2019 – and three times higher than before the energy crisis hit. At the same time, more people are missing loan repayments, often taken out to cover everyday costs.
Nearly 3.9 per cent of…