Latest News from Money Expert

The High Court has approved a plan by guarantor lender Amigo to set aside £112 million for compensating customers mis-sold loans, taking wronged borrowers one step closer to receiving redress and the...

The Financial Conduct Authority (FCA) will gain new powers over banks and building societies to ensure they maintain cash withdrawal and deposit facilities in communities across the country, the...

Lloyds Banking Group will shutter a further 20 Lloyds and eight Halifax branches between August and November, citing falling customer numbers and a shift to online banking.The banking group already...

Banks and building societies are keeping their best mortgage deals on offer for just weeks, leaving borrowers rushing to lock in interest rates ahead of further rises in the Bank of England’s base...

A specialist police unit dedicated to thwarting fraudsters prevented a record £101 million from being stolen last year - but warns that scammers will try to exploit from the cost of living crisis this...

As the cost of living crisis continues, new research highlights that home insurance has reached record lows. The data, from the Association of British Insurers (ABI), shows that over the past 12...

Ofgem, the energy regulator for the UK is considering doubling the frequency at which energy bills are reviewed in the UKUnder proposed changes, the price cap - the mechanism limiting how much...

Nationwide Building Society is now allowing homeowners to borrow up to 6.5 times their income, up from 4.49 times, a change the lender says will help first-time buyers and mortgage prisoners.From...

The average rates for two- and five-year fixed-rate mortgages have more than doubled in just eight months, pushing up average monthly payments by more than £100.The best deals for two-year fixes from...

NatWest debit cardholders are urged to check their transaction histories after a glitch duplicated some charges for thousands of customers.The bank confirmed that around 112,000 customer accounts are...