Latest News from Money Expert

The UK government is currently in discussions about reopening the country’s largest gas storage facility to help ease the energy crisis, after previously claiming it wasn’t necessary to do...

Mortgage borrowing dropped by over a third in April, while credit card borrowing rose to a 16-year high as the cost of living crisis begins to hit consumers, according to recent data.According to the...

Rishi Sunak has said that the government will be providing households with  further support in an effort to offset rising energy costs.This will be funded partly by a proposed £5bn windfall tax on oil...

Landlords face paying more than £1,600 per year as interest rates on buy-to-let mortgages jump to the highest rate since September 2015.In May, the average interest rate on a two-year fixed-rate...

Three and VOXI users now face a £2/day charge for using their mobile allowances in Europe, part of a shake-up in roaming charges following the UK’s exit from the European Union.Three confirmed in...

Insurance giant Aviva uncovered more than 11,000 instances of claims fraud last year, busting cheats as they tried to falsely claim more than £122 million.Overall claims fraud was up 13% from 2020,...

An additional 1.4 million prizes will be awarded to Premium Bond holders in June as National Savings & Investment (NS&I) increases the prize fund rate from 1% to 1.4%.From the June draw, the...

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...