💨 Abstract
In June, several crucial financial changes await households, including: - Increased fees for Lloyds Bank's Club Lloyds accounts. - A £3 monthly inactivity fee for HyperJar accounts. - Universal Credit payments will see an uptick following April's inflation adjustments. - The Bank of England announces its next interest rate decision, potentially impacting borrowing costs. - Energy bills will decrease by 7% with the new price cap starting July 1, requiring meter readings from customers without smart meters.
Courtesy: James Flanders
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