Latest News from Money Expert

The amount of money an individual has in a bank account that will be protected under the Financial Services Compensation Scheme has been increased to £85,000.Under the Financial Services Compensation...

In the year to December, consumer credit levels grew by 6.6%, according to research from the British Bankers’ Association. While spending fell overall between November and December, consumer debt...

As major banks close branches up and down the country, the Post Office has stepped in and come to an arrangement allowing customers to conduct basic banking activities in their thousands of branches....

Lloyds Banking Group has reported that the number of homeowners moving to a new property was lower in 2016 than in 2015 - the first time it has fallen in five years. Last year, a total of 354,000...

The latest figures from the ONS show that the UK labour market remained resilient as last year drew to a close, with positive figures being recorded more or less across the board in November. Most of...

Recent research has shown that, despite taking gender into account when pricing policies being banned, men still pay, on average, over £100 more than women for their car insurance. The research,...

Research from the Trade Union Congress (TUC) has shown that the average amount of unsecured debt per UK household has increased to a record high of £12,887. The total amount of unsecured debt...

The latest Markit/CIPS PMI report showed that the UK economy ended 2016 on a high, with the services sector joining manufacturing and construction in growing sharply during December. According to the...

A government scheme aimed at creating more affordable homes for first time buyers by building on brownfield land is set to fully kick off this year. The Starter Homes Land Fund was first announced in...

One of the government's flagship policies aimed at getting prospective first-time buyers onto the property ladder will close down as of this weekend, leaving behind a reasonably divisive legacy....