Latest News from Money Expert

The government has increased the national living wage to £9.50 per hour, with the change set to take effect in April 2022. The decision was made following a recommendation from the Low Pay Commission,...

The Payment Systems Regulator (PSR) says more banks should adopt the Confirmation of Payee system that flags mismatches in account names and what a consumer has been told and defuses bank transfer...

The Lloyds Banking Group announced it will shutter 41 Lloyds and seven Halifax branches between January and April 2022, in addition the 100 locations closing this year.Despite the closures, the bank...

Facing increased scrutiny from regulators and the media for the buy now, pay later (BNPL) service it made ubiquitous at online checkouts, Klarna has overhauled its offering, launching a “pay now”...

The insurance premiums drivers are quoted slid 9.4% in the year to August, with consumers seeking telematics policies seeing the biggest discounts, according to new research by Consumer...

Despite concerns that an increase in the Bank of England's base rate may slash lenders' profit margins, the mortgage pricing war that has pushed the cost of monthly payments down during the...

The new secretary of state for levelling up, housing and communities, Michael Gove, is looking for ways to slash insurance premiums for leaseholders who have been affected by the building safety...

Banks are bracing for a wave of defaults on mortgages, credit cards and business loans as the cost of living and supply chain crises hit household budgets and bottom lines.The Bank of England surveyed...

Ryanair, the budget airline famous for cheap flights and added fees have once again found themself in hot water. This time they were caught barring customers who had claimed refunds via credit cards...

Months after slashing mortgage rates to record lows, two of the UK’s biggest mortgage lenders will hike rates again as speculation of an impending base rate rise mounts.HSBC cut rates across its...