Wake Up to Money

Apple has launched its latest iPhone, which will have new "affordable" hand set with AI tools. It will go on sale in the UK next Friday starting at £599, which is £200 less than the brand's current cheapest iPhone 16 device, released in September.Energy regulator, Ofgem, has taken the next step in its proposals to change the way customers pay for standing charges. They make up that fixed part of your gas and electricity bill which you pay regardless of how much energy you use. The flat charge is there to cover the cost of delivering gas and electricity.Ofgem's plans will mean individual bill payers have a choice: keep paying the standing charge as it is, or pay a share of the standing charge according to how much energy you use. The plan will be welcomed by those who don't use much energy - but there are concerns the proposals may not help everyone.