Latest News from Money Expert

Consumers weary of the paltry 0% and 0.01% paid by many high-street current accounts have been extended a lifeline by Nationwide as it resurrects the 5% rate on its FlexDirect account.From this week,...

From next year buy now pay later (BNPL) providers must conduct affordability assessments before offering customers payment splitting plans, as the sector comes under regulation for the first time.The...

The Financial Conduct Authority (FCA) has urged lenders to be more lenient with borrowers amidst the current cost of living crisis.In a letter sent on Thursday, the FCA called for wider use of...

The Financial Conduct Authority (FCA) has asked chief executives of insurance firms and brokers to sign letters of “attestation,” affirming that their company is abiding by new rules that ban price...

Under new proposals from the Financial Conduct Authority (FCA), banks will have to produce impact assessments before they close a branch’s counter service or slash its opening hours, much the same as...

Users of Santander’s credit cards can earn 1% cashback on their foreign holiday spend this summer and see a maximum of £100 returned to their wallets in September.The cashback offer runs from Monday,...

48% of adults believe that homes would be affordable to young adults if they could drop certain luxuries, such as Netflix, holidays, takeaways and mobile phone contracts. The research, - carried out...

Nearly a third (29%) of mortgage applications whose income was at or below the UK average were offered smaller loans than they requested, jeopardising their property purchase, according to the latest...

Thousands of customers of Three’s pay-as-you-go service face huge price hikes from next month, just the latest shakeup that’s making traditional PAYG mobile use less affordable and appealing.The new...

App-only bank Chase has admitted that customers eager to open its current account may face waits of up to five weeks, as it opens a “waiting room” for people in the queue.US bank JP Morgan introduced...