Money Saving Expert Martin Lewis is back on hand with advice, this time regarding broadband and those on Universal Credit.
The tip was shared in the latest edition of Money Saving Expert’s newsletter. The UK has been trying to get to grips with the cost of living crisis and the skyrocketing inflation rates and energy costs.
Households across the UK are doing all they can to try and reduce costs and counteract rising bills. Martin’s team has said millions are missing out on cheaper broadband deals, reports the Liverpool Echo.
They said: “Some four million households are eligible for cheaper broadband social tariffs, but 97% are still missing out.” The Money Saving Expert team explained Virgin Media has cut the price of its ‘Essential’ tariff to £12.50 a month.
They added: “To qualify, you need to be receiving Universal Credit and living in an area Virgin covers (55% of the country).” The deal is broadband only and offers speeds of 15Mbps.
Virgin Media chief operating officer, Jeff Dodds, said: “We have a long history of stepping up in tough times and now is no different. Connectivity remains an essential part of our lives, so we are boosting the support we provide to those who need it most in the cost-of-living crisis.”
He continued: “We’re taking steps to increase awareness of our social broadband plans, while making it easier to sign up, and are calling on the UK Government to cut VAT on social tariffs which we will directly pass on, helping those struggling most to save even more. Through continued network investment and a range of products at different price points and speeds, we consistently provide incredible value to customers and will keep playing our part in this challenging climate.”
The Money Saving Expert team have rounded up a comparison of broadband social tariffs here.