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Virgin Money to help customers avoid ‘poverty premium’ on energy bills

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Scheme launched so low-income households are not paying too much for utilities

A scheme to help low-income households avoid paying too much for their energy bills is being launched by Virgin Money, which has said it wants to ensure none of its customers are paying a “poverty premium” within 10 years.

Utilities and other services typically cost more for customers who do not pay by direct debit or shop around and move to the cheapest deals.

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