Latest News from Money Expert

Energy Minister Kwasi Kwarteng has warned a group of energy companies that they must justify increasing customers' direct debits more than necessary.Concerns were initially raised on the 14th of...

Insurer Direct Line reports that its takings from premiums for both home and car insurance have fallen this year after new regulations prohibited insurers from hiking prices for loyal customers....

Buy now pay later giant Klarna will start reporting UK customer debts to credit reference agencies from June, a change that could impact shoppers’ ability to qualify for credit from next year.The...

Homeowners who aren’t on fixed-rate mortgages could see their payments rise by over £1,000 per year as interest rates continue to climb, Chancellor Rishi Sunak warned colleagues.He told colleagues in...

Nationwide Building Society has gained the most customers through the Current Account Switch Service (CASS) since 2016, while Barclays has lost the most accounts, the latest figures from Pay.UK...

78,500 customers of mis-sold loans by collapsed subprime lenders QuickQuid and Pounds to Pocket will receive 53.5p of every pound they're owed in compensation, joint administrators at Grant...

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...

Life insurance provider Canada Life has revealed that 72% of adults in the UK do not have a pension will.Otherwise known as an expression of wish, a pension will establishes who will receive your...