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The Consumer Council has welcomed today’s news that Phoenix Supply will reduce its tariff by 8.5 per cent from 1 April 2012 for its Belfast-based domestic and small business customers. The average annual Phoenix bill will be £550 from the 1 April giving an annual saving of £51 or £4.25 per month for over 130,000 Phoenix Supply customers.

The First Minister has launched Northern Ireland’s third Money Week which got underway today (23 Feb) at a special event in Craigavon’s Civic and Conference Centre. Peter Robinson joined the Financial Capability Partnership NI and Craigavon Borough Council to launch the week-long initiative, which aims to equip local people with the skills and confidence to manage their money better.

If your New Year’s resolution to be more in control of your finances has slipped, then come along to a Money Market in Portadown on Saturday 25 February and help get it back on track!

NI consumers faced the highest cost for petrol, diesel or both across the UK and the Republic of Ireland during every month in 2011. And during December 2011, and January 2012 we had the highest price for diesel in Europe.[1]

•Do you need free independent financial advice?
•Are you confused or worried about debt, how to get benefits, how to cut your bills or how to choose investments or savings products?

Consumers across the Craigavon area are encouraged to make the most of their money by attending one of the special events at Money Week 2012.