Latest News from Money Expert

First Direct will boost the interest paid on its regular savings account to 3.5%, a rate it describes as “industry leading.”Customers must sign up for a “1st account” after Thursday, 28 April to...

It has been revealed that HMRC is only aware of 153, 241 trust funds in the UK, despite estimates that as many as one million have been set up.Since June 2017, all trusts must be registered with HMRC....

Halifax will hand out £1.35 million in prize money to savers in June, a one-time “supersizing” of its monthly raffle that will give a boost to savers stung by high inflation and low interest rates.The...

From July, all but four Santander branch locations will shut at 3 pm on weekdays rather than 4:30 pm, a change driven by shifting consumer habits, the bank said.The bank operates 450 branches in the...

With household finances under pressure, consumers turned to credit cards in January, with outstanding balances rising 3.8% year-on-year, UK Finance’s latest Card Spending report reveals.UK credit card...

On Tuesday, the government announced the launch of the ‘Great Rail Sale’, with millions of train fares discounted for a limited time.Passengers will be able to take advantage of the deals from April...

With inflation at a 30-year high and energy bills soaring, Brits are now more worried about their finances than catching COVID-19 for the first time during the pandemic, the latest edition of...

Customers contacting Nationwide about their mortgages or loans or about digital banking may soon have to pay to speak to an adviser as the building society announces plans to axe eight free helplines...

Thousands of people mis-sold payday loans by collapsed lenders 247MoneyBox and Provident will receive redress, administrators have confirmed, but it will amount to just a fraction of what they’re...

New research from credit management firm Lowell, has shown that a high proportion of UK residents are delaying retirement because of debt.According to the study, unpaid bills and loans meant that one...