Latest News from Money Expert

American owned credit card company MBNA is to be bought out by Lloyds Bank for almost £2 billion. The acquisition of MBNA, which is currently owned by Bank of America, is set to increase Lloyds...

The government has announced that for the first year after its introduction, Lifetime ISA holders will not be liable to pay the controversial exit fees if they choose to withdraw their funds early....

The number of unemployed people in the UK fell slightly in the three months to October this year, but so did the number of people in work, the ONS reported. There were a total of 1.62 unemployed...

Inflation as measured by the Consumer Price Index (CPI) has increased to 1.2% for November, reaching its highest level since October 2014. Inflation grew from 0.9% to 1.2% between October and November...

The former pensions minister and current policy director at Royal London has called upon the government to change the rules regarding defined benefit pension transfers. A defined benefit (DB) pension...

The Financial Conduct Authority has delayed its final decision on when to enforce a deadline for PPI claims to the first quarter of next year. Earlier this year, in August, the FCA announced that by...

National Debtline, on behalf of the Money Advice Trust published a report urging the millions of indebted individuals in the UK to seek out free advice in the run up to Christmas. According to the...

HSBC has just announced that it has pulled its cheapest mortgage deal off the shelf and raised interest on existing products, sparking discussion over whether or not this signals the end of the...

The rail industry has revealed that, effective from 2 January next year, train fares across the UK are set to go up by an average of 2.3%. The announcement has drawn criticism from unions and consumer...

Nationwide Building Society has just published its latest house price index, showing that annual growth in November was the lowest its been since January. House prices on average grew by 4.4% in the...